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Social Security's Biggest Increase in Decades Has a Serious Problem

TheMotleyFool 
0 0 31.12.22
Social Security's Biggest Increase in Decades Has a Serious Problem: https://g.foolcdn.com/editorial/images/714219/older-asian-couple-stressed.jpg
 

Happy New Year to all Social Security recipients. Some significant relief for your inflation-hit pocketbooks is on the way.

An 8.7% cost-of-living adjustment (COLA) is about to go into effect. There hasn't been a COLA that high since 1981.

Don't celebrate too much just yet. Social Security's biggest increase in decades has a serious problem.

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Source Fool.com

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