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Social Security COLA largest in decades as inflation jumpsSocial Security COLA largest in decades as inflation jumps

Social Security COLA largest in decades as inflation jumps

Economy Oct. 13, 2021 8:42 am1503d ago

Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.

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