Possible Negative Impacts of the COLA Spike on Retirement – Don’t Overlook These – 24/7 Wall St.

In October, the Social Security Administration (SSA) announced the biggest boost to next year’s cost-of-living adjustment (COLA) in four decades. The COLA increase of 8.7% has already started hitting the bank accounts of Social Security recipients. This big raise will certainly help retirees who…#cms #cola #medicare #medicaid #msp #socialsecurity

Source: Reuters: Health - January 18, 2023 Category: Consumer Health News Source Type: news