Social Security cost-of-living increase could top 6% next year amid COVID-19-related inflation surge - NewsBreak

After years of puny increases in their Social Security checks, older Americans will likely get the equivalent of a big raise next year. The 68 people -- including retirees, disabled people and others – who rely on the benefits are likely to receive a 6% to 6.1% cost-of-living adjustment next year because of a COVID-19-related spike in inflation, according to the Senior Citizen League.