I find it amusing that this blog is getting a large number of hits from people searching for "Cost of Living Adjustment" or "COLA." Social Security recipients are very interested in what the COLA will be for this year.
If I knew, I would tell you. I can say that inflation has been relatively high this year, so the COLA should be relatively high as well, probably about 6%. Keep checking back.
Once the COLA figure is released, it will be posted here promptly. Last year, the COLA numbers were released on October 25.
If I knew, I would tell you. I can say that inflation has been relatively high this year, so the COLA should be relatively high as well, probably about 6%. Keep checking back.
Once the COLA figure is released, it will be posted here promptly. Last year, the COLA numbers were released on October 25.
The next COLA will be announced on October 16, 2008.
ReplyDeletehttp://www.ssa.gov/OACT/COLA/colasummary.html
Go to SSA FAQ Answer 310
http://ssa-custhelp.ssa.gov/cgi-bin/ssa.cfg/php/enduser/std_adp.php?p_faqid=310
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