Social Security COLAs – 6 Important Things Retirees Must Know and How They Affect Your Income

Social Security COLAs – 6 Important Things Retirees Must Know and How They Affect Your Income

Social Security COLA: Inflation protection for retirees Millions of people in the US depend on Social Security benefits for their retirement income. Currently, the average retiree receives about $1,975 every month. This pension provides an economic security for them. Now the question arises, how is COLA decided and what can be expected next? Let’s understand … Read more