A Social Security Cost-of-Living Adjustment (COLA) is an annual increase to Social Security and Supplemental Security Income (SSI) benefits. The COLA is a vital feature of the Social Security program, affecting tens of millions of Americans. But how exactly is it calculated and what factors influence the final percentage? Test your knowledge with this ten-question true/false quiz!
And don't worry if you miss an answer; you can follow the links below the quiz to brush up on your knowledge.