by Michael Covel
Last week, the Social Security Administration announced some really bad news for retirees…
The 2017 Social Security Cost of Living Adjustment is going to be a paltry 0.3%. That’s about $5 per month.
That’s far less than the current inflation rate of 1.5%, which is expected to move even higher.
Plus, Medicare premiums are set to jump as high as 22% next year for many seniors.
In short, Social Security recipients are getting the shaft.