09/22/2022
Senior citizens on fixed incomes are struggling to stay afloat amid rising prices and a higher cost of living. But those on Social Security might see an increase in their benefits starting next year. Here’s why, and how much of a boost is expected: https://nbcnews.to/3QKYYFr
The Social Security Administration’s annual cost of living adjustment is based on inflation readings, and inflation has been at 40-year highs for months.