Here’s the real story of next year’s Social Security COLA
The Social Security COLA for 2024 is likely to be just as high as it was in prior years. It’s important to point this out in order to counter the alarmist narrative that’s taking hold in some quarters that next year’s cost-of-living adjustment, widely known as COLA, will be much lower than in prior years. Retirees and others living on a fixed income are naturally upset. To be sure, we won’t know the exact COLA until Oct. 12, which is when...
