Social Security Benefits Could Skyrocket Next Year

www.stltoday.com
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Social Security payments could increase by the largest amount in nearly 40 years in 2022.
If this year's third-quarter CPI-W is higher than it was last year, then Social Security will increase recipients' benefits by the exact percentage of the CPI-W increase. If the CPI-W is equal to or lower than last year, then Social Security will remain unchanged in 2022.

So far, so good

Although retirees won't know if they'll be awarded an…
newsfeedback@fool.com (Todd Campbell)
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