How the Huge Social Security Increase Ranks Historically
You've no doubt heard by now that Social Security recipients will see their monthly checks increase by 8.7% next year. And you probably already know that it's the largest benefits increase in more than four decades.
But how does the upcoming Social Security cost-of-living adjustment (COLA) compare to the adjustments given more than 40 years ago? Here's how the huge Social Security increase announced last week ranks historically.
Image source: Getty Images.
Source Fool.com
