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More Commentary on the Inadequacy of Social Security’s COLA Calculation
Financial Planning’s Paola Peralta, in a post on https://bic.financial-planning.com, offers additional commentary on how seniors fall behind in the inflation race with a 1.6% cost-of-living adjustment (COLA). Citing health care premium increases of 5.6% as an example, Ms. Peralta notes, “Expenses for retirees are increasing faster than their Social Security benefits.” Read her post here…
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