Social Security sees largest cost of living adjustment in decades
Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022.
Social security recipients to receive record adjustment increase in 2022; experts question if it will be enoughIn a little more than two months, social security recipients are getting the biggest cost of living adjustment in 40 years. However, the increase won't be considered extra income for many.
Economist: Social Security increase offsets cost of livingThe Social Security Administration announced on Wednesday recipients will get a 5.9% increase next year to offset rising cost of living prices.
Social Security sees largest cost of living adjustment in decades as inflation jumpsMillions of retirees on Social Security will get a 5.9% boost in benefits for 2022.