Social Security COLA for 2022 Expected to be Biggest Since 2009

Social Security COLA for 2022 Expected to be Biggest Since 2009

May 17, 2021

The annual cost-of-living adjustment, or COLA, for Social Security benefits in 2022 — typically  announced in October — could be 4.7%, the highest since 2009, based on Wednesday’s Consumer Price Index announcement, according to Social Security and Medicare policy analyst Mary Johnson of The Senior Citizens League.

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