Social Security’s Cost of Living (COLA) adjustment
With all the news about the paltry 0.3% COLA increase to Social Security benefits in 2017, this is a good time to fully understand how COLA increases are now calculated, and what kinds of changes might result in a more fair assessment of true cost of living changes for seniors. This WRIN.tv Newswire article takes you through how COLA is figured today, why this method is used, and what changes might be considered for a measure of inflation that would be more fair to seniors. Click here to read more.
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