Social Security and the Newly Introduce Cost of Living Adjustment (COLA)
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In this episode of Game Changer Retirement Radio Jerry Linebaugh discusses the importance of social security in retirement and how to maximize its benefits. He explains the cost of living adjustment (COLA) and its correlation with inflation. Jerry also shares strategies for increasing retirement income, such as annuities and preferred dividend-paying stocks. He emphasizes the need for a comprehensive retirement plan and offers his expertise in areas like estate planning and tax optimization. The conversation concludes with a discussion on the social security clawback and how to minimize taxes in retirement. If you are approaching retirement age you don't want to miss this episode!
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