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Social Security benefits to jump 5.9% in 2022 in biggest increase in 41 years

The COLA amounts to $92 a month for the average retired worker. It marks an abrupt break from a long lull in inflation that saw cost-of-living adjustments averaging just 1.65% a year over the last 10 years. For baby boomers who embarked on retirement within the last 15 years, it will be the biggest increase they've seen.
Social Security benefits to jump 5.9% in 2022 in biggest increase in 41 years
11 days ago|Washington, United States

BIAS COVERAGE DISTRIBUTION

63 of these news sources are bias rated
35 are CENTER
L 30%
C 57%
13%
CNN
HuffPost
CBS Local
USA Today
abc News
CBS News
+14
Reuters
Associated Press News
IBTimes
The Hill
+32
Times of India
Washington Times
Boston Herald
Wall Street Journal
+2
The Daily Caller
National Review
The Epoch Times
WND
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Times of India
Times of IndiaR

social security: US Social Security benefits set to increase 5.9% in 2022

US News: With the increase, the estimated average Social Security payment for a retired worker will be $1,657 a month next year. A typical couple's benefits wo

10 days ago|Mumbai, India
Reuters
ReutersC

U.S. Social Security benefits to rise by most since early '80s

-U.S. Social Security benefits for more than 70 million Americans will rise by 5.9% for next year, the Social Security Administration said on Wednesday, marking the largest annual increase in roughly four decades owing to this year's run-up in inflation. The payments for most recipients will rise in January, though a smaller pool will start receiving their larger checks in December. The

11 days ago|United Kingdom
CBS Local
CBS LocalL

Those Eligible For Social Security To See Near-6% Increase In Benefits In 2022

NEW YORK (CBSNewYork) — If you’re one of the millions of people who receive Social Security benefits, you’re going to see a bigger check soon.The Social Security Administration announced Wednesday there will be a 5.9% boost in benefits for 2022.The average retired worker will get about an extra $92 per month — for a check around $1,650.It’s the largest increase since 1982.The boost comes after a year of surging inflation, as the economy struggle…

11 days ago|United States
Washington Times
Washington TimesR

Social Security checks to increase 5.9% under cost-of-living adjustment

The one upside to surging inflation is that those getting some government checks will see bigger payments, with Social Security announcing a 5.9% cost-of-living adjustment Wednesday.

11 days ago|Washington, United States
USA Today
USA TodayL

Social Security cost-of-living increase will boost benefits 5.9% in 2022, most since 1982 amid COVID-19-related inflation spike

Social Security payments are set to rise 5.9% in 2022 for 68 million retirees, disabled people and others. That's the most since 1982.

11 days ago|United States
CNN
CNNL

Social Security recipients get 5.9% increase, but rising prices will offset the boost

Social Security recipients will see their monthly checks soar by 5.9% next year, the largest increase since 1982, the Social Security Administration announced Wednesday, though rising prices due to inflation will likely offset the benefit to seniors.

11 days ago|Atlanta, United States
abc News
abc NewsL

Social Security checks getting big boost as inflation rises

Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022

10 days ago|United States
CBS News
CBS NewsL

Social Security recipients to get cost-of-living raise of 5.9%, biggest since 1982

It's the biggest increase in almost 40 years, and it comes as inflation is eating away at seniors' buying power.

11 days ago|New York, United States
Associated Press News
Associated Press NewsC

Social Security COLA largest in decades as inflation jumps

WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic .

11 days ago|United States
The Washington Post
The Washington PostL

Social Security benefits to rise 5.9 percent for roughly 70 million people in 2022

The benefit increase is large due to increases in inflation.

11 days ago|Washington, United States
COVERAGE DETAILS

BIAS COVERAGE DISTRIBUTION

63 of these news sources are bias rated
35 are CENTER
L 30%
C 57%
13%
CNN
HuffPost
CBS Local
USA Today
abc News
CBS News
The Washington Post
The Toronto Star
Los Angeles Times
NBC News
Daily Hampshire Gazette
Bangor Daily News
Time Magazine
+7
Reuters
Associated Press News
IBTimes
The Hill
VOA News
Al Jazeera
UPI
KCRA 3
KITV4 News
The Post and Courier
Portland Press Herald
+25
Times of India
Washington Times
Boston Herald
Wall Street Journal
justthenews.com
The Daily Caller
National Review
The Epoch Times
WND
Total News Sources97Leaning Left19 sourcesLeaning Right9 sourcesCenter35 sourcesLast Updated10 days ago
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