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How Is Social Security COLA Calculated? - We Are Liberal
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August 8, 2025
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August 8, 2025
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3:27Now PlayingHow Is Social Security COLA Calculated? In this informative video, we’ll discuss the Cost-of-Living Adjustment (COLA) and how it affects Social Security benefits. Understanding the mechanics behind COLA is essential for those who rely on Social Security for their financial well-being. We will break down how the Social Security Administration calculates this adjustment, focusing on the Consumer Price Index used to track price changes for various goods and services.
You’ll learn about the specific time frame the Administration utilizes to assess inflation and how this impacts the benefits that individuals receive each year. We’ll also touch on the importance of this adjustment in maintaining the purchasing power of Social Security benefits, particularly for retirees and disabled individuals.
Additionally, we’ll address some of the debates surrounding the current method of calculating COLA, including concerns that it may not accurately reflect the rising costs faced by seniors, especially in healthcare. By the end of the video, you’ll have a clearer understanding of how COLA works and its significance in the lives of millions of Americans.
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About Us: At We Are Liberal, our mission is to explore the principles and ideas that define liberalism in today's world. This channel serves as a platform for those curious about political philosophy, social justice, and individual rights, offering a space to engage with these vital topics. Here, you'll find discussions on contemporary issues, historical contexts, and the evolution of liberal thought.
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