Tag: social security beneficiaries

A New Social Security ‘Notch’? Bad News for People Born in 1947

Issue Brief by Andrew G. Biggs

May 24, 2010

The brief’s key findings are: While Social Security beneficiaries received no COLA this year, they are still ahead of the game. The reason is that they received a larger-than-usual COLA in 2009, which took effect right after prices dropped due to the economic crisis. But individuals who turned 62 in 2009 are not so lucky…

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