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.
More on Social Security, from the Kiplinger team:
- Social Security Basics: Things You Must Know About Claiming and Maximizing Your Social Security Benefits
- 2026 Social Security COLA Projection
- The Average Monthly Social Security Check: August 2025
- The Average Social Security Check by Age
- How Much Would Social Security's 2033 Shortfall Cost You?
- Presidents and Social Security: How Presidents Have Impacted America's First Social Insurance Policy
- Six Changes Coming to Social Security in 2026
