Social Security's 2026 COLA Is on Pace to Do Something Not Seen Since 1985

Goods and services across the economy tend to become more expensive as time passes, such that money gradually loses purchasing power. In 1965, gasoline cost $0.30 per gallon and the median home sold for $20,000. Gas prices are 10 times higher today, and the median home sells for 20 times more.Social Security payments receive annual cost-of-living adjustments (COLAs) to help retired workers and other beneficiaries keep up with rising prices across the economy. And the 2026 COLA is on pace to do something last seen in 1985.Here's what retirees should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool