4 Social Security Changes We Should Learn About in October

It's hardly a secret that Social Security has been around for many years and that certain aspects of the program haven't changed for decades. Each year, Social Security beneficiaries are entitled to a cost-of-living adjustment, or COLA, the purpose of which is to help seniors maintain their buying power as inflation drives living costs upward. Rather, there's a wage cap that determines how much in earnings are subject to those taxes each year.