Why High COLAs are Not a Good Thing
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Description
ProFeds Founder, Chris Kowalik, reveals why high COLAs actually mean less money in the pockets of federal retirees. Key takeaways: How the Cost of Living Adjustments are calculated When COLAs are announced each year and when they go into effect Why high COLAs aren’t considered “good” when you know what it actually means The real consequences of high COLAs and the spiral effect it can have on your retirement assets
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