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On Social Security? There’s Good News on Inflation

Maurie Backman reports on some good news once seniors start collecting their 8.7% cost of living adjustment (COLA) in January. Inflation appears to be easing,. If that trend continues, seniors may actually gain some buying power with their “raises.” Normally a COLA just allows one to keep pace or not fall further behind. Backman explains how the COLA is calculated and notes that Medicare premiums are decreasing a but, so there really is good news for seniors, finally. Full article here.

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