Q1. My husband and I rely on Social Security for about half of our monthly income. I heard that the cost-of-living adjustment announcement by the SSA is happening this week. Do
you happen to know how the COLA is determined and how much they are raising it?
Q2. Also, on the topic of Social Security, my sister is considering taking her Social Security as early as she can (at age 62) because she has health problems, even though she is still working full time. Does this make sense? Isn’t there some sort of restriction on how much someone can earn through employment once
they claim Social Security?
