Social Security Announces Significant Cost of Living Increase for 2022 by Adam Cohen, CPA
Posted on December 14, 2021 by Adam Cohen
Recipients of Social Security benefits, including Supplemental Security Income (SSI), are getting a 5.9 percent increase in benefits for 2022, marking the largest cost of living adjustment (COLA) in 39 years for the nation’s retirees and special needs children and adults. This 2022 raise also breaks a decade of meager COLA increases that averaged 1.6 […]