3 Reasons a Large Social Security Cost-of-Living Adjustment Is Bad News

·3 min read
3 Reasons a Large Social Security Cost-of-Living Adjustment Is Bad News

Will Social Security's next cost-of-living adjustment (COLA) make 2022's seem negligible? There's reason to believe it might. Granted, it's too soon to land on a solid estimate because we need third quarter data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to calculate that number precisely.