Based on the CPI- W just released for June by the BLS, the 2022 Social Security COLA may be as high as 5.1%. The inflation
Tag: Social Security COLA
How is the COLA calculated?
Each year’s COLA is determined by comparing the change in the CPI-W from year to year, based on the average of the third-quarter months of
Billionaire wealth
The total wealth of all US billionaires is estimated at about $4 trillion. The US official budget deficit is about $3.2 trillion dollars at current
Latest Social Security COLA data released
The CPI-W for May 2021 (263.612) indicate a 2022 COLA OF 4% EXAMPLE: 263.612-253.412/253.412x 100 = (adjusted to the nearest 1/10 of 1 percent =
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