Retirees and disabled people could see a record jump in the Social Security 2023 COLA increase (cost of living adjustment). That’s great news, right? However, benefits aren’t keeping up with rampant inflation and that, my friend, is a big problem.
It’s like I’ll give you a $20 bill from here in my left hand and then, I’ll take it back from you with my right. Oh, and then by the way, I’ll also take another one from your wallet, your bank account, and perhaps even charge you for that privilege too while I do it!Continue reading“Will the Social Security 2023 COLA Increase Be an All-Time Record?”