Social Security's Upcoming COLA Has a Flaw That Costs Seniors Every Year
Beneficiaries should have realistic expectations going into 2027.
Overview
There's a key number Social Security recipients have been tracking for months: the upcoming cost-of-living adjustment, or COLA. The purpose of COLAs is to help Social Security benefits keep pace with inflation over time. But they often fail to do so in practice.
There's a reason Social Security COLAs have long let seniors down -- and why the 2027 COLA may lead to a repeat dose of disappointment.
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Details
Source
Originally published at www.fool.com.
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