Social Security Recipients May Be in Line for Another Outsized COLA Boost
Consumer inflation numbers remained robust through June, starting an important three-month stretch with some steam.
Overview
Social Security beneficiaries are marching their way toward a decent-sized payment increase this coming January. That's one of retirees' top takeaways from the recently reported consumer inflation rate for June.
It's holding on to recently elevated levels, inching closer to the point when the Social Security Administration makes the call on the following year's cost-of-living adjustment, or COLA.
Details
Here's what you need to know.
Source
Originally published at www.fool.com.
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