Social Security's 2027 COLA Is Shaping Up to Be a True Good News/Bad News Situation
There's a reason a larger raise may not be something to celebrate.
Social Security's 2027 COLA Is Shaping Up to Be a True Good News/Bad News Situation
Overview
Most people would probably agree that having more money is better than having less. But in the context of Social Security's cost-of-living adjustments, or COLAs, more does not necessarily mean better.
Even though seniors on Social Security tend to hope for larger raises than smaller ones, a giant COLA is indicative of a huge problem. And that's the situation Social Security recipients are potentially facing in 2027.
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Details
Source
Originally published at www.fool.com.
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