Social Security’s 2023 annual cost of living adjustment, or COLA, is being driven higher by inflation, with few signs of moderation in sight. This year’s COLA of 5.9 percent was a 40-year high. (For subscribers, the Get What’s Yours web site has details.) Next year’s will be much bigger – in the range of 8-10 percent.
The COLA is based on the Consumer Pr…
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