Inflation could mean record-high Social Security cost-of-living adjustment next year - Fox Business


7/13/2022 12:00:00 AM2 years 9 months ago
by Megan Henney

The Social Security cost-of-living adjustment in 2023 could be the largest increase since 1981, but that's not necessarily good news for retired Americans.

Social Security recipients are on track to receive the biggest cost-of-living adjustment (COLA) raise in four decades as sizzling inflation rapidly diminishes the buying power of retired Americans. … [+3537 chars]

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