RETIREES

Social Security’s finances have improved slightly in the last year. But benefits are still facing an automatic cut in less…

Social Security payments get an annual cost-of-living adjustment (COLA) to protect the buying power of benefits from inflation. COLAs depend…

Brisk inflation on the tail end of the pandemic led to a historic 8.7% cost-of-living adjustment (COLA) for Social Security…

Sometimes, even a program that’s been around for decades, like Social Security, can change from one year to the next.…