Big boost for Social Security benefits as inflation rises - NewsBreak
By Gesard in Business
Updated 3 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,...