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First look at next year’s Social Security raise should have seniors concerned

The 2027 COLA is projected at 2.5%, tied with 2025 as the smallest raise since 2022. The 2.5% projection shows inflation remains persistently above the Fed’s 2% benchmark. A small raise isn’t good ...
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First Look at Next Year’s Social Security Raise Should Have Seniors Concerned

In most years, retirees get a Cost of Living Adjustment (COLA). The COLA is called a raise because it results in a retiree's monthly benefits check getting bigger. The purpose of it is to make sure ...