Your 2024 Social Security Raise Is Set to Disappoint -- and 56 Years of Flawless History Shows Why
When most Americans retire, Social Security becomes an indispensable source of income. Based on surveys conducted for the past 20 years by national pollster Gallup, between 80% and 90% of retired respondents claim that their Social Security benefit accounts for a "major" or "minor" source of income.
Given the vital role the program plays in keeping our nation's retired workforce out of poverty, it should come as no surprise that Social Security's most-anticipated annual announcement is its cost-of-living adjustment (COLA).
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Source Fool.com
