The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from ...
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits ...
If you receive Social Security benefits, your payments are getting bigger this year. That’s because you’re getting a Cost of ...
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...
A second large survey is the CPI-W, which is a monthly accounting of the average change in the prices that urban wages earners and clerical workers pay for a market basket of consumer goods and ...
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in December, ...
The drop reflects the easing of inflationary pressures. Changes to the COLA are based on the CPI-W, which is a measure of price changes for a selection of goods and services, including food ...
The Consumer Price Index (CPI-W) for Urban Wage Earners and Clerical Workers is the benchmark the SSA uses to determine the COLA, but that wasn’t always the case. How the COLA is calculated has ...
This is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which was up 3.6% year over year in May 2023. The Social Security cost of living adjustment (COLA ...