Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only ...
The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and ...
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The BLS also publishes the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The CPI-W covers 29% of the U.S. population living in households with income derived ...
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): This index is used to determine the annual cost of living adjustments to Social Security benefits and to adjust ...
tied to a subset of the Consumer Price Index known as the CPI-W, which tracks the price of goods and services across the economy. Here is how it works: The CPI-W from the third quarter of the ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...