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A recent report showed that about two-thirds of retired Americans say they rely on Social Security “substantially,” while 21% ...
President Trump's federal hiring freeze and decision to fire Bureau of Labor Statistics Commissioner Erika McEntarfer raise ...
As such, the way inflation trends in August will have a huge impact on next year's Social Security raise. Similarly, in ...
Social Security COLAs are supposed to help your checks maintain their buying power. Higher COLAs mean higher inflation. Despite COLAs, Social Security's buying power has declined over time. If you're ...
Every year, Social Security is eligible for a COLA. When inflation remains flat, Social Security benefits remain flat. When ...
The adjustment is based on the consumer price index, which measures inflation, for the third quarter of the year. It goes ...
There's also another key change on the way that will affect many retirees but isn't a Social Security change per se.
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