This COLA Rule Could Hurt Social Security Recipients in 2027 Yet Again
Social Security retirees are supposed to be protected from losing buying power by cost-of-living adjustments (COLAs), which are applied automatically in most years. Unfortunately, there is a problem with the COLA formula that has resulted in retirees likely getting hurt financially.
This is probably going to be an issue again with the 2027 COLA. Here’s what the problem is, along with some details on why it’s leaving seniors struggling with rising prices.
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