News

Social Security income is protected from inflation by annual cost-of-living adjustments (COLAs). Benefits got an 8.7% COLA last year and a 3.2% COLA this year, both above the 10-year average of

Social Security benefits got a 3.2% cost-of-living adjustment (COLA) in 2024, a smaller raise than the historic 8.7% COLA doled out in 2023. Unfortunately, retired workers are on pace to get an even

In most years, Social Security recipients get a cost-of-living adjustment (COLA) to help protect their buying power. Prices of goods and services go up over time, and if benefits didn't, seniors

Brisk inflation on the tail end of the pandemic led to a historic 8.7% cost-of-living adjustment (COLA) for Social Security benefits in 2023. Retired workers hadn't received a pay raise that large

Social Security recipients get annual cost-of-living adjustments (COLAs) to help protect the buying power of benefits from inflation. Fallout from the pandemic led to particularly high inflation in

Millions of seniors today rely on the monthly benefits they get from Social Security to stay afloat financially. And each year, Social Security recipients eagerly await news of an upcoming

We're still nearly seven months away from finding out how big is the raise Social Security beneficiaries will receive next year. However, it's not too soon to begin thinking about it.

The Senior

After the market closed Wednesday, Snowflake (NYSE: SNOW) published results for the fourth quarter of fiscal 2024 (ended Jan. 31). While the company posted sales and earnings results that came in

More Americans than ever could pay federal taxes on their Social Security benefits this year, according to The Senior Citizens League. These taxes will also take a bigger bite out of Social Security

It's no secret that Social Security is fraught with problems. One particularly consequential issue is the annual cost-of-living adjustment (COLA). Specifically, while Social Security recipients get

At the start of 2023, seniors on Social Security saw their monthly benefits rise 8.7%. That was the largest cost-of-living adjustment, or COLA, to arrive in decades.

But 2024's COLA is shaping up to

Social Security undergoes several important changes each year, the most anticipated of which is the cost-of-living adjustment (COLA). Rampant post-pandemic inflation led to unusually large COLAs of

Shares of Brookdale Senior Living (NYSE: BKD) were up more than 12% for the week as of Friday at 12:30 p.m. ET, according to data provided by S&P Global Market Intelligence. The healthcare company's

Space tourism pioneer Virgin Galactic (NYSE: SPCE) is blazing new trails, and investors are cheering. Earlier this week, the company tweeted out the crew list for its next space tourism flight

We're still months away from knowing how big of a raise Social Security recipients will receive in 2024. But it's not too early to start thinking about it.

That's exactly what the Senior Citizens

Seniors on Social Security saw their benefits rise by 8.7% at the start of 2023. That raise was the largest cost-of-living adjustment, or COLA, to arrive in decades. And it's hopefully helped some

Robert Bryce is the author of A Question of Power: Electricity and the Wealth of Nations and the writer of an eponymous Substack.

Motley Fool Senior Analyst Nick Sciple caught up with Bryce to

There are plenty of seniors who end up retiring on Social Security alone. But whether they're faring well is a different story.

Seniors on Social Security have lost an astounding 36% of their buying

This year, Social Security recipients got what was hailed as a very generous 8.7% cost-of-living adjustment, or COLA. Since inflation has cooled off steadily month after month in 2023, it might be

The most eagerly anticipated piece of Social Security news each year is no doubt the cost-of-living adjustment (COLA). Though it's too early to know what that number will be in 2024, don't expect

Many seniors rely heavily on Social Security to cover their expenses in retirement. Granted, some people manage to kick off their senior years with savings and have investments that pay them

Share of Brookdale Senior Living (NYSE: BKD) were skyrocketing 29.5% as of 11:04 a.m. ET on Tuesday. The big gain came after the operator of senior living communities gave a surprisingly positive