1. Money

How COLA is Determined

By April 16, 2009

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Have you ever sat back and thought about how the government determines the amount of the inflation adjustment to Social Security benefits each year? Probably not. But I did and then I wrote an article about the COLA just for you!

Turns out the formula isn't a black box, but isn't as straightforward as you'd think. It occasionally leads to some controversy too. Wonder why?
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