Social Security benefits to increase 5.9%, highest in years, to cover inflation - NewsBreak
By Ulises in Business
Updated 2 years ago
WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The COLA, as it's commonly called, amounts...