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Tag: COLAs

Retirees Remain Apprehensive Despite A Drop In Inflation

Posted on February 23, 2023February 23, 2023 by DT

The majority of older customers are unconvinced that the 8.7% Social Security COLA for 2023 will maintain pace with inflation this year, according to a study conducted by the Senior Citizens League. Even if the inflation rate is heading downward, most seniors continue to be anxious that their Social Security cost-of-living adjustment will not keep up with growing costs.

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