Social Security money

Social Security Announces COLA Increase for 2022

The nearly 65 million Americans who receive Social Security retirement benefits will see a bigger check starting next year. The Social Security Administration (SSA) announced this week a 5.9% cost-of-living adjustment for 2022. This marks the largest COLA increase since 1982 and follows last year’s meager 1.3% boost. The increase will see the average monthly…