David Kassir Quoted in SSBCrack News: 2027 Social Security COLA: California Retirees Set for Biggest Average Increase, Montana the Smallest

David Kassir, Managing Director of Manna Wealth Management, an SEC-registered fiduciary wealth management firm, was quoted in SSBCrack News in “2027 Social Security COLA: California Retirees Set for Biggest Average Increase, Montana the Smallest”, on the 3.6 percent Social Security cost of living adjustment taking effect in January 2027. Because the adjustment is a percentage of each person’s benefit, the average dollar increase varies by state, from about $375 a month in California to about $298 in Montana. David’s comments, first given to The Independent, put the increase in context: “COLAs are designed to keep up with increases in the cost of living as measured by an inflation indicator, but for many retirees Social Security is just one component of retirement income,” and the increase may not fully offset increases in expenses that weigh heavily in a retiree’s budget, such as housing costs, health care and food. Read the full article on SSBCrack News: https://news.ssbcrack.com/2027-social-security-cola-california-retirees-set-for-biggest-average-increase-montana-the-smallest/