While everyone receives the same 2.8% COLA, the dollar value of that increase depends on your existing benefit. Social Security calculates monthly payments based on your 35 highest-earning years, ...

Nine military housing areas will lose the allowance entirely, including Boston, Massachusetts and San Luis Obispo, San Bernardino and Riverside in California.

The fact that some retirees will benefit more from the COLA than others may come as a surprise, given that all Social ...

Discover what a Cost-of-Living Adjustment (COLA) is, how it compensates for inflation, and its impact on Social Security and ...

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Economists are already forecasting the inflation rates that could be used to determine the 2027 Social Security COLA.

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Frederic J. Brown / AFP via Getty Images Social ...