Before 2010 Social Security payroll taxes exceeded the amount needed to pay benefits. That surplus (which no longer exists) was invested in special US Treasury
Tag: COLA
Understanding how the Social Security COLA is calculated.
The COLA is based on the change in the Consumer Price Index for Urban Wage Earners; the CPI-W. The change is measured using the average
President Trump and a 3.5% Social Security COLA
Someone recently asked me; “Is it true that Trump is giving a 3.5% COLA next year?” That’s a big, NO‼️ The idea that a president
Latest 2019 Social Security COLA estimate – trend is up
The CPI-W for January 2018 was 241.919, and for February 2018 it was 242.988 Both are a significant increase over the previous months. It is
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