Impact of Possible Changes to Social Security (Cost of Living Adjustment)
shared by mattdeaton on Jul 08
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Each year, Social Security recipients receive Cost of Living Adjustments, or COLAs, based on inflation. At the current moment, Social Security is underfunded; one solution to this problem is to reduce...
COLAs, and base them on the Chained CPI. This assumes that, when prices increase, consumers change their general buying habits.
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https://acut...etirement/Category
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