Why High COLAs are Not a Good Thing

FedImpact: Candid Insights for Your Federal Retirement

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2y ago 22:32

ProFeds Founder, Chris Kowalik, reveals why high COLAs actually mean less money in the pockets of federal retirees.

How the Cost of Living Adjustments are calculated
When COLAs are announced each year and when they go into effect
Why high COLAs aren’t considered “good” when you know what it actually means
The real consequences of high COLAs and the spiral effect it can have on your retirement assets

37集单集

47 subscribers

published 2y ago

ProFeds Founder, Chris Kowalik, reveals why high COLAs actually mean less money in the pockets of federal retirees.

Key takeaways:

How the Cost of Living Adjustments are calculated
When COLAs are announced each year and when they go into effect
Why high COLAs aren’t considered “good” when you know what it actually means
The real consequences of high COLAs and the spiral effect it can have on your retirement assets

37集单集

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