Social Security Announces the Cost-of-Living Adjustment for 2022: The Biggest COLA Increase in 39 Years
On October 13, 2021, the Social Security Administration announced a 5.9% benefit increase for 2022. This cost-of-living adjustment (COLA) will be the biggest COLA adjustment since the 1980s with last year’s adjustment being only 1.3%. The adjustment reflects this...


