Some one in seven recipients ages 65 and older depend on Social Security for nearly all of their income.
The 2024 cost-of-living adjustment comes out to 3.2%, a pretty modest amount compared to past years.
The adjustment is likely to be announced this week and expected to be around 9%. It’s welcome news for recipients struggling with inflation.
COLA will increase 0.3 percent in 2017. Social Security payments remain flat.
Cost of Living Adjustment is pegged to inflation, which, like old soda, is flat.
Whatever you call it — soda, pop, cola — it's hard to deny the simple pleasure of a cool, sugary, soft drink, despite how unhealthy it may be….
