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Social Security uses CPI-W data from the third quarter to calculate the COLA for the upcoming year. The Senior Citizens League estimates that retirees have lost 20% of their purchasing power since ...

While more money is good news, many retirees are likely to be disappointed. The COLA is the smallest in recent years but isn't that small by historical standards. Retirees are getting a raise next ...

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If CPI-E was used instead, retirees would receive a 3.0% COLA in 2025 (not to mention a higher 4.0% COLA in 2024 as well). But the overall change in benefits since the end of 2020 would actually ...