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Analysts predict SS COLA 3.2%

Enzyte Bob

It's not a joke predictions for SS increase is 3.2%

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Opening a bank account in the PhilippinesMoney transfer options in the PhilippinesAdvertising Agencies in the PhilippinesPublic Relations & Marketing Consultants in the PhilippinesUSA SMS 2-Factor AuthenticationWU TransfersWISE Pilipinas
Larry Fisher

It's not a prediction. The Fed came out with that number yesterday as the cola increase for Social Security next year. It's fact, not prediction.

Enzyte Bob


    It's not a prediction. The Fed came out with that number yesterday as the cola increase for Social Security next year. It's fact, not prediction.
   

    -@Larry Fisher

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It was a prediction until it became out a fact several hours later.

Jackson4

Sounds like a paycut.

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Larry Fisher


    Sounds like a paycut.
   

    -@Jackson4


It basically is every year. The problem is the manner in which it's calculated. Congress made the law and made a very narrow window of when/how it's calculated. Rather than using a real full year inflation calculator. Only Congress can fix the manner in which it's calculated, by amending the law.

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