On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9 percent cost-of-living
If there is a "silver lining" to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022.
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Approximately 67 million people today receive some form of Social Security benefits, including retirement, disability, survivor, and family benefits. (Source