Social Security benefits are likely to lose purchasing power next year despite a historic cost-of-living adjustment (COLA).
The Federal Reserve cut interest rates in final 2025 meeting. It may affect Social Security COLA amount in 2027. Here's why and the impact in Ohio.
(NEXSTAR) – Last month, the Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for Social Security beneficiaries and Supplemental Security Income recipients. The increase ...