Social Security’s cost-of-living adjustment set at 3.2% — less than half of the current year’s increase

The COLA adjustment “is welcome, but I think it’s disappointing because most retirees are still seeing the kind of prices that haven’t gone down,” said Martha Shedden of the National Association of Registered Social Security Analysts. The COLA “doesn’t seem like that accurately reflects what we’re seeing in real life.”

Published by Pamela Kweller, RSSA®

Pamela Kweller is the Content & Community Manager at RSSA. She is also certified as a Registered Social Security Analyst®. The mission of RSSA is to help Americans get the maximum Social Security income they have earned, enabling them to enjoy their lives more fully. Contact Pamela: pkweller@rssa.com