“Social Security COLA Estimate for 2022 Raised to 6.2%”

“Social Security COLA Estimate for 2022 Raised to 6.2%,” by Ginger Szala, ThinkAdvisor

Quote:

“Next year’s COLA is estimated at 6.2% based on latest CPI data, up from 6.1% last month, says The Senior Citizens League. The CPI increased 5.4% over past 12 months and 0.5% from previous month, according to the Bureau of Labor Statistics.”

 

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Inflation keeps chasing the SSA COLA higher. How high can it go? How much free money can the Fed print? Party like it will never end. Until it does.