The Social Security Administration is issuing the largest bump in benefits to retirees in 40 years, while increasing the taxable wage base for workers by nearly 3 percent to keep up with inflation. ...
The Social Security cost-of-living adjustment was estimated last month to be 5.3%. Now, a non-partisan advocacy group says seniors could be seeing a bigger bump. They are eyeing estimates to be just above 6% currently. The new estimate comes as ...
The 69 million Americans who collect Social Security are on track to get the biggest cost-of-living hike since 1983, with one advocacy group for senior citizens projecting a 6.1% increase to benefits due to surging inflation. Recipients will have to ...