adjustment

Social Security recipients could receive a large COLA adjustment, forecasters say. Here’s how they can earn 4% on their money now.

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Social Security recipients may get a big COLA adjustment at the end of the year, but they don’t have to wait until then to start earning more on their money. JJ Gouin/Getty Images The surge in inflation that occurred in recent months could lead to a larger-than-usual cost-of-living adjustment (COLA) for Social Security recipients. That was … Read more

Social Security recipients could get a nearly 4% cost-of-living adjustment, forecasters say

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Social Security recipients could receive a 2027 cost-of-living adjustment (COLA) of nearly 4%, driven by inflation climbing at its fastest pace in almost three years. Seniors and others who receive Social Security benefits could see a COLA of 3.9% next year, according to a new estimate from the Senior Citizens League, an advocacy group for … Read more