There's Supplemental Security Income (SSI), as well. This is a monthly benefit for the blind, disabled, and low-income seniors. The maximum federal benefit is $967 for a single adult and $1,450 for a couple and increases annually with the COLA. In addition, some states supplement SSI benefits for their residents.

Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U.S. and European politics, Russia's invasion of Ukraine and the British Royal Family.

Every year, Social Security is eligible for a COLA. When inflation remains flat, Social Security benefits remain flat. When there's a decrease in inflation from one year to the next, Social Security benefits also remain flat.