4 things U.S. Workers Need to Know About Beating Inflation if Disability Strikes
The Social Security Administration implemented their highest cost-of-living adjustment (COLA) in four decades earlier this year. This annual COLA is based on increases in the Consumer Price Index as reported by the U.S. Bureau of Labor Statistics. This means former workers receiving Social Security Disability Insurance (SSDI) benefits saw an increase of 8.7% in their…