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Markets · Investing · Business
Finance
Social Security Retirees May Be Wishing for Something They Really Don't Want
Some seniors may want to adjust their line of thinking.
Around this time each year, Social Security recipients tend to start looking for clues on a key number -- their upcoming cost-of-living adjustment, or COLA. Who can blame them?
Social Security COLAs are meant to help benefits keep up with inflation. In the wake of this year's somewhat meager 2.8% raise, a lot of older Americans are hoping 2027's COLA will be far more generous.
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