How Will Your Social Security Benefits Stack Up to the Average in 2022?

How Will Your Social Security Benefits Stack Up to the Average in 2022?
·3 min read

If you're receiving Social Security benefits, you'll be earning a significant raise next year. The Social Security Administration recently announced that beneficiaries will earn a 5.9% increase in benefits in 2022 to account for cost of living adjustments, which is the biggest boost in decades. How much does the average retiree earn in Social Security benefits?

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