Cost Of Living Adjustment Cola


Definition of "Cost-of-living adjustment (cola)"

Tom Osbeck
Tom Osbeck Keller Williams NY Realty

Automatic adjustment applied to Social Security retirement payments when the consumer price index increases at a rate of at least 3%, the first quarter of one year to the first quarter of the next year.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ