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News
Social Security's Trump Bump-Powered 2027 COLA Should Yield a Rare Silver Lining and a Dark Cloud
21+ hour, 27+ min ago (733+ words) Social Security's COLA is the near-annual raise given to beneficiaries that accounts for inflation (rising prices). If a large basket of goods and services regularly purchased by Social Security recipients increases in cost by 2.5% from the previous year, benefits would…...
Social Security's Trump Bump-Led 2027 COLA Should Have Its First Silver Lining Since 2023, but There's a Steep Price to Pay for This Victory
1+ week, 21+ hour ago (871+ words) For the nearly 55 million retired workers who took home a Social Security benefit in July, there are few, if any, announcements more anticipated than the annual cost-of-living adjustment (COLA) reveal in October. A quarter-century of Gallup surveys shows that 80% to…...
The 2027 Social Security COLA Is Coming Into Focus: How Inflationary Trump-Era Policies Could Push Social Security Benefits Higher Next Year
1+ week, 1+ day ago (618+ words) We're just a few weeks away from learning one of the most important numbers that will affect the finances of more than 71 million Americans in 2027. The annual Social Security cost-of-living adjustment, or COLA, for next year will be determined on…...
Here's What Happens When You Leave a Lot of Money in Your Savings Account
2+ week, 5+ day ago (651+ words) Published on Aug. 26, 2026 I earn 4.00% APY on my savings right now, which is a really good interest rate. I keep about $20,000 in cash for emergencies there, and that earns about $800 per year in interest. Not bad at all! But beyond…...
Social Security COLA Estimate for 2027 Slips as Inflation Cools -- Here's What It Means for Your Check
2+ week, 6+ day ago (273+ words) While everyone seems to agree that 2027's COLA will be higher than the 2.8% increase of 2026, their predictions of where the COLA will land are all over the place. For example: According to CRFB, high COLAs may provide helpful near-term support…...
Social Security's Trump Bump-Driven 2027 COLA May Lead to a Silver Lining for the First Time Since 2023
4+ week, 21+ hour ago (546+ words) For the last 25 years, Gallup has conducted annual surveys to gauge the importance of Social Security income to the average retired worker. These polls have consistently shown that 80% to 90% of retirees rely on their monthly payout to cover some of…...