Mature Market Experts Stat of The Day: COLA

Is COLA keeping up with rising energy and health care costs?

Is COLA keeping up with rising energy and health care costs?

Mature Market Experts Stat of The Day: The Social Security Administration yesterday announced a 5.8 percent cost-of-living adjustment (COLA) in 2009 for the nation’s 50 million Social Security recipients (31 million Social Security retirees and 11 million people on disability).It’s the biggest annual increase since 1982.

 

 

 

 

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