Unusual COLA situation
I received the following from MOAA email :
Last month we said that based on past years' experience, the COLA could be in the 2.3% to 2.5% range for 2008. With continued deflation in August we'll have to modify our prediction. This is the only year during the last three decades that inflation decreased in both July and August. September may bring an increase, but expect a COLA in the 2.0% to 2.3% realm for 2008.
Part-Owner of Texas
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In dire need of: faster horses, younger woman, older whiskey, more money.