Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only ...
The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and ...
The Social Security cost-of-living adjustment officially goes into effect in December of each year -- so technically speaking ...
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): This index is used to determine the annual cost of living adjustments to Social Security benefits and to adjust ...
tied to a subset of the Consumer Price Index known as the CPI-W, which tracks the price of goods and services across the economy. Here is how it works: The CPI-W from the third quarter of the ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...
The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.