Early estimates for the 2023 COLA put it as the highest in over 40 years. Could this measure help combat inflation?

Early estimates for the 2023 COLA put it as the highest in over 40 years. Could this measure help combat inflation?
This week, we’re diving into the history of cost-of-living adjustments and how they were first established for Social Security beneficiaries.
These senior destinations are perfect for retirees who are ready to see the sights as the weather warms up.
Living paycheck to paycheck is an unfortunate reality for many seniors who are feeling the effects of inflation.
Monthly Social Security payments began soon after the act was put into place, and amendments soon followed.