3 key facts retirees should know about Social Security's cost-of-living adjustment
It's important to understand the truth about Social Security's cost-of-living adjustment.
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Every October brings the same ritual for retirees: the Social Security Administration (SSA) announces next year’s cost-of-living adjustment
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COLA is determined by the CPI-W’s percentage increase in the third quarter of the year - July, August and September.
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Your Social Security check could go up by $74 a month next year
Social Security’s cost-of-living-adjustment could be 3.8% in 2027, as inflation shows signs of cooling.
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