What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?
What Is a Cost-of-Living Adjustment, and How Does It Work? What will be the cost-of-living adjustment for Social Security in 2022? According to the Social Security Administration, the cost-of-living adjustment (COLA) for Social Security in 2022 will be 1.3%. Does everyone on Social Security get the COLA increase? The answer is no, not everyone on … Read more