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A 3.6% Social Security COLA Sounds Like Good News. Here's the Blow Retirees Won't See Coming

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A 3.6% Social Security COLA Sounds Like Good News. Here's the Blow Retirees Won't See Coming

A bigger raise should feel like a win, yet the number on your January check hides a catch tied to how COLAs get calculated. Last year's retirees learned the hard way that the timing can turn a raise into a trap.

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Price reaction, T-5 to T+3

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Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

A 3.6% Social Security COLA Sounds Like Good News. Here's the Blow Retirees Won't See Coming 24/7 Wall St.

Source: 24/7 Wall St.

This story

12 out of 100

“A 3.6% Social Security COLA Sounds Like Good News. Here's the Blow Retirees Won't See Coming” scores 12 out of 100. The score uses 1 sources.