@davejorgenson: What is CoLA and why is it important? The Social Security Cost-of-Living Adjustment (CoLA) is an annual adjustment to help Social Security payments increase as everyday prices rise. When prices for groceries, housing and utilities rise, the same monthly payment buys less. The COLA is intended to help limit that loss of purchasing power. Around 2033, Social Security will have about 80 percent of the money it needs to make full payments. Congress can address the gap without cuts, including without reducing the annual COLA. This video is part of a paid partnership with @aarp
And for something that might not exist in the future
2026-10-19 17:20:01
49
🤖 Artobot :
And the chances of us seeing Social Security is slim :S
2026-10-20 00:37:15
0
Bryanne🥄 :
But fed employees get nothing
2026-10-19 23:56:37
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Betty White :
Payments go up a bit but at the same time the cost of insurance goes up. Therefore the COLA adjustment becomes zero
2026-10-19 17:03:06
33
UserABunchOfRandomNumbers :
Yeah, that extra $40ish dollars a month isn’t helping me that much
2026-10-20 00:23:34
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cb :
I hate that the call somewhere in Columbia SC - COLA. like ... ok
2026-10-20 00:45:41
0
rachaelissocial :
So they’ll do this but not raise the national minimum wage??
2026-10-19 20:54:07
2
Disgusted_American :
We live in a horrible country
2026-10-19 16:26:38
79
Senseless Babble :
BUT, will Social Security still be able to pay out when Dave reaches retirement age? 🤔
2026-10-19 23:06:19
1
onemoment :
But no federal minimum wage increase for 17 years.
2026-10-19 21:24:57
1
ppppppppf :
when your collecting social security...
😂😅🥺😞😭
2026-10-19 21:16:30
1
Mike D :
Nice RC shout out!
2026-10-19 20:47:53
2
Uncle Majin :
i friggin love RC Cola
2026-10-19 16:49:11
4
GoldenPuffss :
But we won’t get that old with what they put in the groceries
2026-10-19 20:06:09
0
Book It :
Thanks for trying to explain this to people. I don't get what's hard to understand, but I'm glad this is out there for people that don't get it.
2026-10-19 17:23:35
2
MeWithoutH :
And how much will that be there ….
2026-10-19 20:37:25
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Uncle Majin :
also great vid love the new character
2026-10-19 16:50:24
8
nauro.lomion :
"You're going to collect social security later, right?"
Me: No, it's going to be gutted by the time I'm old enough to collect anything. I'm just subsidizing the welfare and lifestyles of the folks who voted to start the gutting process.
2026-10-19 17:12:25
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Dennari :
glad our increased taxes is helping the elderly and disabled, but that doesnt change the fact that working age people are struggle to afford groceries NOW
2026-10-19 16:38:54
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borgjorgensen :
Social security collection is just theft at this point
2026-10-19 16:32:42
5
V :
I nor any millennial will every see social security payments. We will just keep being stolen from to pay for yet another boomer benefit they destroy.
2026-10-19 19:38:16
2
UghLeigh :
I bet it costs a lot to feed 3 Daves
2026-10-19 23:26:45
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uuuuhhh :
Doesn’t even cover the increase in gas let alone food, medicine, rent and everything in between 😂
2026-10-20 00:49:46
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CopperMama :
@aarp , thanks for teaming with Dave! He’s the 🐐.
2026-10-19 21:37:14
0
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