Inflation could mean highest Social Security cost-of-living adjustment since 1981 - Fox Business

Social Security recipients could receive a cost-of-living adjustment of 8.6% in 2023 -- the result of scorching hot inflation that has quickly eroded retirees' purchasing power.

Social Security recipients are on track to receive the biggest cost-of-living raise in four decades as white-hot inflation rapidly shrinks the buying power of retired Americans. The Senior Citizen… [+2908 chars]

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