Social Security

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January 1, 1 6 min read Definitions
Cost of Living Adjustment (COLA)
Cost of Living Adjustment COLA Inflation Consumer Price Index Purchasing Power Income Adjustment Social Security
The Cost of Living Adjustment (COLA) is an increase in income or benefits, such as social security, to offset the reduction in purchasing power caused by inflation. COLA is often tied to the Consumer Price Index (CPI).
Read more about Cost of Living Adjustment (COLA).

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