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And if you can’t buy, you rent — which is increasingly a financial cul-de-sac. Over 22 million U.S. households now pay more than 30% of their income on rent. High rents crush saving potential, which ...
A potentially history-making COLA is on track to be dwarfed by a rapidly climbing expense for select retirees.
Two councilors voted against the budget, citing concerns about exceeding the cost of living adjustment and insufficient school funding.
The two contracts approved at the supervisors’ last meeting include “market-based equity adjustments” in addition to cost-of-living adjustments.
Unsafe living conditions and lack of safety measures can also create financial tension, forcing seniors to choose between safety and affordability.
To keep pace with rising prices, Social Security applies an annual cost-of-living adjustment (COLA) that takes effect in January each year. The Senior Citizens League (TSCL), a nonprofit ...
But many retirees live only or mostly on Social Security, creating a situation where the program's annual cost-of-living adjustments, or COLAs, become all the more important.
As lawmakers negotiate the state budget, over 30,000 retired educators who haven't seen a cost-of-living increase in two decades await action on long-overdue pension adjustments ...
Los Angeles County’s looming agreement with its biggest labor union is expected to cost the government more than $2 billion — the latest hit to a county besieged by financial woes.
Social Security Cost of Living Adjustments, or COLAs, are a lifeline for seniors. Without them, Social Security benefits would cease to be a viable source of support over the long term. That’s ...
The fact that the Fed didn’t change interest rates has no direct impact on the 2026 COLA, as interest rate data is not what determines the Cost of Living Adjustment.