Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. Social Security benefits appear poised for the so-called “Trump Bump” in 2027. If that sounds like good news, it’s not. In fact, some might call it a symptom of President Donald Trump’s failed economic policy and geopolitical misadventures. That’s…
Drozd Irina / Shutterstock.com Social Security benefits have lost about 20% of their purchasing power since 2010. COLAs are calculated using a price index for urban wage earners and white-collar workers rather than the spending patterns of retirees. Seniors spend more on health care and housing, where inflation exceeds the overall rate used for COLA…
papadyphoto/iStock via Getty Images The Federal Reserve cut rates by 0.25% in December 2025 in a split 9-3 vote and signaled that future cuts could be paused. Early projections suggest that the Social Security COLA for 2027 could fall to a range between 2.3% and 2.6%. A 2.3% COLA would mark the smallest Social Security…
Millions of older Americans will see more of their Social Security cost-of-living adjustment disappear next year as Medicare Part B premiums reach their highest level yet. The Centers for Medicare & Medicaid Services has confirmed that the standard Part B premium will increase to $202.90 per month in 2026, marking the first time premiums have…
If you’re collecting Social Security, there’s a good chance you already know that you receive a cost-of-living adjustment (COLA) in most years. However, you may not know the specific details of how this adjustment to your benefits works. Since this benefit increase is critical to helping you maintain your earning power in retirement, it’s helpful…
Between 80% and 90% of retirees rely on their Social Security income in some way to make ends meet, which is why the annual Social Security COLA disclosure is so eagerly awaited. Donald Trump’s tariffs are having a modest inflationary impact on domestic prices, which is expected to boost the 2026 COLA for Social Security…
