Is the hold harmless provision all that harmless? A new study states otherwise
More than three out of five retired workers depend on Social Security to provide at least half of their monthly income and another 34 percent rely on Social Security for almost all of their income. In Sean Williams’ article appearing on The Motley Fool website (www.fool.com), he reviews a new study by The Senior Citizens League stating Social Security’s COLA would need to double to provide adequate benefits to seniors, and explaining that the hold harmless provision may not be so “harmless” after all. Read article here…
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