September inflation and Social Security's Cost Of Living Adjustment
The cost of living is still going up, but not as fast as it had been. Social Security recipients will get a cost of living increase of 3.2% next year.
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The cost of living is still going up, but not as fast as it had been
Social Security beneficiaries can expect a 3.2% cost-of-living increase next year. It's a smaller increase than the 8.7% bump recipients got this year, which was the largest in decades.
Social Security recipients will get a smaller increase in benefits as inflation cools
Social Security beneficiaries will receive a 3.2% cost of living adjustment next year. Inflation has been moderating recently, with consumer prices in September up 3.7% from a year ago.
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