Cost-of-Living Increases

Exploring the Additional Cost-of-Living Increase for Social Security Benefits, § 404.278

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The Social Security Administration (SSA) may provide an additional cost-of-living increase beyond the standard calculations described in § 404.275. This blog post outlines the conditions and process for determining the additional increase, as described in § 404.278. Conditions for an Additional Increase (§ 404.278(a)) An additional cost-of-living increase may be granted if: a. The OASDI fund ratio is […]

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Measuring the cost-of-living is an important aspect of Social Security, § 404.272

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It helps ensure that benefits keep up with inflation, so beneficiaries can maintain their purchasing power over time. In this post, we’ll discuss the indexes used to measure the rise in the cost-of-living, as outlined in section 404.272 of the Social Security Act. There are two indexes used to measure increases in the cost-of-living: the

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Understanding Cost-of-Living Increases for Social Security Benefits, § 404.270

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The Social Security Act includes provisions for cost-of-living increases to ensure that Social Security benefits keep up with inflation. Section 404.270 outlines the rules for cost-of-living increases for primary insurance amounts. Under § 404.270, your primary insurance amount may be automatically increased each December to account for rises in the cost of living. These automatic increases

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