Florida seniors are bracing themselves for little to no Social Security cost of living adjustment next year

Seniors like John Scapaccino, 78, of Greenacres are bracing once again for little or no COLA — Cost of Living Adjustment — on Social Security’s 2017 menu.

“Not only myself but a lot of retirees are struggling,” he said.


The latest projections from federal officials range from a 0.7 percent increase down to zero. The latter would mark the second year in a row without a raise for roughly 40 million American retirees receiving Social Security checks. That would set an unwelcome precedent for seniors on fixed income.



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