1 Number Shows Why 2022's Social Security Raise Isn't All It's Cracked Up to Be

1 Number Shows Why 2022's Social Security Raise Isn't All It's Cracked Up to Be
·3 min read

In 2022, retirees will receive more money in each Social Security check. While this may seem like a generous income bump, there's one other number older Americans need to know that shows why this raise really isn't good news at all -- and is actually likely to leave them falling further behind financially. For retirees who are excited about their Social Security raises, the latest data from the Bureau of Labor Statistics (BLS) shows why this COLA is actually not very generous at all.

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