Two Key Dates Retirees Need to Know About This Week
It's a big week for seniors. Here's what to gear up for.
Overview
At this point, many retirees are busy enjoying October, whether it means going to farmers' markets, hiking among the changing leaves, or loading up on pumpkin-flavored goodies and drinks. But this week, it's important to interrupt your regularly scheduled fall activities to focus on two big events.
Each year, Social Security benefits are eligible for a cost-of-living adjustment, or COLA, that's designed to help those checks keep pace with inflation. In 2026, Social Security benefits increased by 2.8%. Many seniors are hoping the 2027 COLA will be a lot more generous.
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Details
Source
Originally published at www.fool.com.
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