The latest estimation on the COLA increase for 2023
The Senior Citizens League has estimated the Social Security COLA will be for 2023, based on current CPI data, is 10.5 percent. But, if the Fed is able to lower the inflation numbers, we could experience a smaller than expected Social Security COLA for 2023. David Rae looks at what a 10.5 percent COLA will look like for the average Social Security recipient. Read Mr. Rae’s article here…
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