Social Security Recipients: Be Careful What You Wish For on Oct. 13

Social Security Recipients: Be Careful What You Wish For on Oct. 13
·4 min read

This has been a painful year for seniors living on a fixed income, as the U.S. economy is experiencing the highest inflation since the early 1980s. In fact, last year, the Social Security Administration announced the 2022 COLA the same day as the September 2021 CPI report. Seniors may be looking forward to as large an increase as possible; however, if you're one of them, you should be careful for what you wish for.