Will Seniors be Able to Make Ends Meet with This Year’s Smaller Social Security COLA?

In late 2022, there was some exciting news for seniors on Social Security: their benefits would increase by 8.7% at the start of 2023. This 8.7% cost-of-living adjustment (COLA) was the largest one in decades. Given that inflation cooled last year, it may have given seniors a reason to be optimistic. » …
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