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
