The estimated COLA at this point is 9% (292.542 – 268.412) / 268.412 x 100 = 9.00% (adjusted to the nearest 1/10 of 1%) 268.412
Tag: Social Security COLA
Whopping Social Security COLA❓
HEADLINE: Social Security checks could grow by nearly 11% next year if inflation persists Source: FORTUNE Text: Social Security recipients could see their monthly checks
If there is no money in Social Security funds, there can be no money for retirement benefits.
It’s these kinds of seriously misleading articles that cause confusion and stress for Americans- and there is no reason for it other than to attract
The 2022 Social Security Trustees’ Report Is Optimistic — and Misleading
It’s all about asumptions and changing circumstances. Unfortunately when the press reports on something like Social Security it doesn’t bother delving into the actuarial assumptions
