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According to an estimate by Mary Johnson who is a policy analyst for the Senior Citizen League, an advocacy group,
According to an estimate by Mary Johnson who is a policy analyst for the Senior Citizen League, an advocacy group,
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the Social Security recipients could receive an extra 8.6% COLA (cost-of-living adjustment) in the next year 2023.
the Social Security recipients could receive an extra 8.6% COLA (cost-of-living adjustment) in the next year 2023.
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A report for this year 2022, shows how the increased graph of inflation hitting the economy and the last month's
A report for this year 2022, shows how the increased graph of inflation hitting the economy and the last month's
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consumer price index was the first time off 40-year highs. Therefore, if the Social Security recipients' cost-of-living adjustment (COLA )
consumer price index was the first time off 40-year highs. Therefore, if the Social Security recipients' cost-of-living adjustment (COLA )
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will be increased then it would definitely give some kind of relief to the retirees. For an average retiree,
will be increased then it would definitely give some kind of relief to the retirees. For an average retiree,
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the cost-of-living adjustment (COLA) for the year 2022 is $1,657, and after an increase of 8.6% in COLA
the cost-of-living adjustment (COLA) for the year 2022 is $1,657, and after an increase of 8.6% in COLA
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then the total monthly income would be around $1,800. This is more than a $140+ rise in COLA.
then the total monthly income would be around $1,800. This is more than a $140+ rise in COLA.
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A report by the Nationwide Retirement Institute shows that around 1 in 5 baby boomers say that Social Security
A report by the Nationwide Retirement Institute shows that around 1 in 5 baby boomers say that Social Security
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is their sole source of retirement income. Mary Johnson says that if it happens So from the next year onwards,
is their sole source of retirement income. Mary Johnson says that if it happens So from the next year onwards,
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people can do some extra task like 1 week more their ration will run or say they can buy more groceries
people can do some extra task like 1 week more their ration will run or say they can buy more groceries
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they will be able to keep their house warm, they will be able to pay their electricity bills, etc. Work.
they will be able to keep their house warm, they will be able to pay their electricity bills, etc. Work.
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What is PayPal LoanBuilder? Requirements, Eligible Industries, Good & Bad, Etc.
What is PayPal LoanBuilder? Requirements, Eligible Industries, Good & Bad, Etc.
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