Is Social Security's Upcoming Raise Actually a Bad Thing for Beneficiaries?
In October, seniors on Social Security got some seemingly good news. They learned that their benefits would be subject to an 8.7% cost-of-living adjustment (COLA) in 2023. That's the largest raise to come down the pike in decades.
But is an 8.7% COLA really something to celebrate? Here are two reasons it may not be.
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Source Fool.com
