Retirees might not actually receive as much extra money from next year's Social Security COLA as they anticipate.
Social Security recipients got some decent news at the end of October. The Social Security Administration announced that in ...
COLA for 2026 will be reduced by nearly one-third for most retirees due to a $17.90 monthly Medicare Part B premium increase.
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is used to calculate the annual cost-of-living adjustment (COLA). Key CPI-W data needed to calculate the 2026 COLA will now ...