Status of the Social Security Trust Fund, Income and Outgo: Fiscal 2022 by Wolf Richter • Nov 8, 2022 • 136 Comments Income jumped by $105 billion to a record $1.04 trillion as more people worked and earned higher wages, and contributed more.
Social Security COLA for 2023 Biggest since 1981, Might Finally Outpace Inflation, Unless Inflation Dishes Up More Surprises by Wolf Richter • Oct 13, 2022 • 197 Comments Beneficiaries got whacked over the head in 2021 and 2022 by raging inflation that outran the COLAs.
Social Security COLA Calculations May Get Changed to CPI-E as Part of the Reform Bill. What Does it Mean for Retirees? by Wolf Richter • Dec 6, 2021 • 164 Comments Watch out for the costs of housing, medical care, and gasoline.
Status of Social Security and the Trust Fund, Fiscal 2021: Beware of Vicious Dog by Wolf Richter • Nov 11, 2021 • 141 Comments Biggest COLA since 1982 already eaten up by inflation.
Social Security COLA for 2022 Biggest since 1982, But Still Won’t Cover Actual Cost of Living Increases for Many Retirees by Wolf Richter • Oct 13, 2021 • 87 Comments For retirees, 2021 was a nasty year: Red hot inflation and a stingy COLA. In 2022, they might fall behind more slowly.
Social Security COLA for 2022 to be Near 5.8%, Could Match 2009, Biggest since 1982 by Wolf Richter • Sep 14, 2021 • 137 Comments But it still won’t cover the dollar’s actual loss of purchasing power.
Social Security COLA for 2022 Could Be Biggest since 2009 or even 1982, But Won’t Cover Cost Increases for Many Retirees by Wolf Richter • Aug 11, 2021 • 198 Comments It’s based on CPI-W for the third quarter. July came in at 6.0%.
Status of the Social Security Trust Fund, Fiscal 2020: Beware of Vicious Dog by Wolf Richter • Oct 10, 2020 • 248 Comments Will Social Security Be There for You? Yes, but…
Will Social Security Be There for You? Status of the Social Security Trust Fund in Fiscal 2019 by Wolf Richter • Oct 13, 2019 • 176 Comments “Don’t rely on Social Security”: Inflation adjustments are punitively low, and benefits become more inadequate as you age.
