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Predictions for a Big COLA Increase in 2022
Although it’s too early to say with certainty, all indicators point to the biggest Social Security Cost of Living Adjustment (COLA) in decades. That’s certainly good news on the surface for seniors relying on Social Security, but it also means that inflation is taking a heavy toll on the economy, especially for seniors whose disposable income is low. This article by Bill McGinty appearing at North Carolina’s WCNC discusses the predicted historical Cost of Living Adjustment for 2022. Click here to read more.
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