There's Good News and Bad News for Social Security Retirees

Social Security retirees are facing some big financial changes in 2022. They got the largest Cost of Living Adjustment (COLA) in four decades, which means they'll see Social Security provide more money each month.

However, there's some good news and bad news about their benefits increase, which could affect how far their money goes over the course of the year. 

Image source: Getty Images.

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Source Fool.com