Please respect our republishing guidelines – Click Here American seniors could see the biggest increase in Social Security payments in nearly 40 years, according to a new estimate from the non-partisan advocacy group, The Senior Citizens League. The organization projects that the cost-of-living adjustment for 2022 could be 6.1% because of higher inflation. This is up from the previous month’s forecast of 5.3%. Seniors Are in the Money
In June, the consumer price index (CPI) surged to a 13-year high of 5.4% amid rising food and energy prices. This prompted the organization to expect the 2022 Social Security COLA […]
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