cost of living
The historic increase is fueled by record high inflation that’s raised the cost of everyday living.
The cost-of-living adjustments for Social Security recipients aren’t keeping pace with the actual expenses of most seniors.
The price index used to calculate benefits does not reflect seniors’ unique costs, critics argue.
As more people lose their jobs and the prices of goods and services steadily increase, it's time for you to take action and do something about those bills. Fast.