New Social Security increase: What 5.9% more means per month - MLive.com

Some 70 million Americans who receive Social Security benefits will see an increase of 5.9% in 2022, the Social Security Administration announced today.

The 5.9% cost-of-living adjustments, or COLA, will begin in January 2022 for more than 64 million Social Security beneficiaries.

Here’s the monthly increase breakdown from the Social Security Administration:.

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