Social Security: Seniors’ Cost of Living Adjustment Will Be Cut by 50% Next Year
The majority of Americans should anticipate significantly fewer Social Security Cost of Living Adjustment (COLA) hikes in 2024 as a result of lower inflation, but boomers, those who were born between 1946 and 1964, who include some who are currently receiving Social Security, may be severely hurt. They expect risk over the Greatest Generation merely because…