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Historic 2022 COLA Prediction Increases to Largest Since 1980s

Earlier this year, there were rumblings that the 2022 Social Security cost-of-living adjustment (COLA) would be historically large. Specifically, The Seniors Citizen’s League’s (TSCL) Social Security and Medicare policy analyst, Mary Johnson, predicted it to be as high as 4.7 percent, which would be the largest COLA since 2009. Now Johnson is predicting the COLA […]

2022 COLA Predicted to be Largest in Over a Decade

Each year, the Social Security cost-of-living adjustment (COLA) updates the amount that Social Security beneficiaries receive each month. This is mainly done to keep the benefits in-line with inflation and the standard costs of living in the United States so that seniors and others enrolled in Social Security are still protected by the safety net […]