Could a flat-rate COLA help fix Social Security?

working lives.

Would a flat-rate COLA save Social Security?

On its own, a flat-rate COLA would not solve Social Security’s long-term financial challenges, though it could significantly improve the program’s outlook.

If enacted in 2027, a flat-rate COLA based on the 20th percentile benefit level would close about half of Social Security’s 75-year funding continue reading …