cost-of-living-increase

COMMENTARY

Social Security benefits have lost their purchasing power as inflation has soared in 2022. Luis Alvarez/DigitalVision via Getty Images

What’s behind that Social Security cost-of-living boost? 6 questions answered | Analysis

BY: Capital-Star Guest Contributor - October 24, 2022

The 2023 increase in benefits primarily offsets what was lost over the previous year.

RETURN TO HOME