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What to know about the Social Security cost-of-living adjustment

Tens of millions of older Americans will see a modest increase in benefits in January when a new cost-of-living adjustment is added to Social Security payments. The 3.2% raise is intended to help meet higher prices for food, fuel, and other goods and services. The average recipient will see an increase of about $54 per month. That's according to government estimates. Its a smaller percentage than last year, because consumer prices have eased, and the adjustment is tied to the Bureau of Labo...
United States Mark Hamrick Kathleen Romig Bureau Of Labor Statistics Consumer Price Index Bureau Of Labor Statistic Consumer Price Index Center On Budget

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What to know about the Social Security cost-of-living adjustment - New Delhi Times - India's Only International Newspaper

Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. The 3.2% raise is intended to help meet higher prices for food, fuel, and other goods and services. The average recipient will see an increase of about $54 per…
United States Kathleen Romig Mark Hamrick Center On Budget Bureau Of Labor Statistic Consumer Price Index Ap Photo Credit

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