Episode 26: C-O-L-A Cost of Living Adjustment
Federal Employee Financial Planning Podcast · Mason & Associates
December 26, 202228m 25s
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Show Notes
Cost of living adjustment (COLA) is an increase in pay that is related to some measure of economic activity, keeping up with the cost of living. This is often applied to wages, salaries, and/or benefits. In this episode, Michael, Tommy, and John will be discussing the cost of living adjustment for 2023, as well as what this means for your finances and your long-term financial plans.
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