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More on the Downside of the 2023 COLA

Much has been written about the soon-to-arrive and much-needed 8.7% benefit increase scheduled to hit beneficiaries’ payments and, while it’s good news, most folks tend to recognize that it’s only a means to catch-up a bit on the ravages of inflation over the past two years. Beyond this, though, there are some long-term implications that tend to cast somewhat of a shadow on the two recent cost-of-living adjustments awarded to beneficiaries. A  B.O.S.S. Retirement Solutions and Advisors post on highlight these implications. Check it out here…

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