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Does Social Security Have An Inflation Donut Hole? episode artwork

EPISODE · Nov 28, 2022 · 8 MIN

Does Social Security Have An Inflation Donut Hole?

from Big Picture Retirement®

With all the attention given to the latest Social Security COLA, we've been getting lots of questions. Among the questions is about the alleged "donut hole" for Social Security inflation adjustments for individuals 60 and 61 years of age. Some in this cohort are upset that they may be missing out on significant benefits increases during this high inflation period. This is based on the observation that if all wages are indexed through age 59, and the COLAs don't start until 62, there are two years of no inflation. Is this really how it works?

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Does Social Security Have An Inflation Donut Hole?

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How long is this episode of Big Picture Retirement®?

This episode is 8 minutes long.

When was this Big Picture Retirement® episode published?

This episode was published on November 28, 2022.

What is this episode about?

With all the attention given to the latest Social Security COLA, we've been getting lots of questions. Among the questions is about the alleged "donut hole" for Social Security inflation adjustments for individuals 60 and 61 years of age. Some in...

Can I download this Big Picture Retirement® episode?

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