What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?

A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.

What is COLA (Cost of Living Adjustment)?

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What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?

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Charles LiVecchi on LinkedIn: What Is a Cost of Living Adjustment (COLA) and How Does It Work?