Posted on Oct 22, 2022

Here’s What to Do With the Biggest Retiree Pay Raise in Decades

642

An 8.7% COLA boost will mean thousands more dollars for some beneficiaries. These tips will help you use the money wisely.

Here’s What to Do With the Biggest Retiree Pay Raise in Decades

Posted from moaa.org

Posted in these groups: Retirement logo

Retirement Af5fc4e

COLA (Cost of Living) Finance

Finance

Posted 2 y ago

Responses: 1

CWO4 Terrence Clark

Posted 2 y ago

Good points, all. Glad for the increase. But if Brandon doesn't get inflation under control, that 8.7 will only equate to 0.5 or so.

(1)

Comment

(0)

LTC Jason Strickland

2 y

Legit point, CWO4 Terrence Clark!

(1)

(0)

CWO4 Terrence Clark

2 y

LTC Jason Strickland No intent to throw shade on a bright spot for those of us of a certain age, COL. Just a pavlovian response from many years as a trustee on company pension and medical plans.

(1)

(0)

Here’s What to Do With the Biggest Retiree Pay Raise in Decades

Here’s What to Do With the Biggest Retiree Pay Raise in Decades

Join nearly 2 million former and current members of the US military, just like you.