383. How to Fix Social Security and Medicare w/ Mark Miller
Earn & Invest
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The COLA Adjustment in Social Security, 8.7% for 2023
The cost of living adjustment or COLA in Social Security is 8.7% for 2023. It reflects inflation, an inflation measure called the CPIW. The idea of something more sensitive to the senior population has been discussed. Biden proposed allowing survivors to collect 75% of the total household benefit.
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