Did you know that the first COLA was implemented back in 1975? It was a whopping 8% increase, which is huge compared to today's estimates. But hey, who's complaining? A raise is a raise, right? It's like getting a pat on the back from the government.
Over the years, the COLA has varied greatly, ranging from a 14.3% increase in 1980 to a 0% increase in 2010 and 2011. Talk about a rollercoaster ride! But hey, that's just the way the numbers crumble, right?
2027 Social Security COLA Forecast Jumps After New Inflation Data
