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Expect No Social Security Cost Of Living Increase In 2016

(Source – insurancenewsnet.com)

Social Security recipients had better be ready to taste the un-COLA — not the soft drink, but a likely zero Cost of Living Adjustment (COLA) for Social Security benefits in 2016. It would mark only the third time that’s happened since 1975. The verdict isn’t final but looking quite probable in a year of sharply lower energy prices and low inflation generally. Read more…

 

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