Social Security Retirees Lose Over $1,700 Due to Inaccurate COLA Calculation: Expert Analysis
Orlando, Florida – The cost-of-living adjustment (COLA) can have a significant impact on individuals at various stages of their lives, from those just starting their careers to those enjoying retirement. Recent COLA adjustments have affected retirees, leading to potential losses of over $1,700, according to experts. Understanding how COLA works is crucial for all Social Security beneficiaries and future recipients, as it can help them better prepare for changes in their monthly benefits. COLA is …