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Lower inflation means lower COLA
2023 saw one of the highest Cost-of-living-adjustments increases since 1981. But will Social Security beneficiaries receive another significant increase in 2024? Although it is too early to calculate the 2024 COLA amount, Keith Speights suggests that retirees are better off with lower inflation and lower COLA amount. Why? Read Mr. Speights’ article here to find out.
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