Posts Tagged ‘COLA’
COLA Promises Social Security Benefit Increase
As a result of the recent government shutdown, some 58 million Social Security beneficiaries will see a 1.5% rise in their benefits. This percentage is based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The nice thing for those who haven’t claimed Social Security benefits yet is that…
Read MoreSocial Security and Veterans’ Benefits to Get Cut
Have you heard of COLA? No, it’s not the soft drink you buy at convenience stores or fast-food joints when you’re looking to quench your thirst. COLA is the cost-of-living adjustment for Social Security and veterans’ benefits. Washington DC politicians are bringing up a budget deal that could lead to major cuts in the benefits…
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