News

Economic Report: Social Security benefits to jump 5.9% in 2022 in biggest increase in 40 years

Retired Americans who collect Social Security are about to get the biggest “raise” in 40 years: A 5.9% increase in their monthly payments starting in January.

The biggest increase in the cost-of-living adjustment for Social Security since 1982 is a bit of a double-edged sword, though. It going up so much because U.S. inflation is running at the highest rate in at least a decade or more.

Consumer…

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:News

Leave a reply

Your email address will not be published.

Next Article:

0 %