2 Social Security Changes That Could Help Beneficiaries Battle Inflation

Maurie Backman, The Motley Fool
·3 min read
2 Social Security Changes That Could Help Beneficiaries Battle Inflation

In fact, inflation levels actually started picking up substantially during the latter part of 2021 -- so much so that seniors on Social Security saw their benefits increase by 5.9% at the start of the year. Unfortunately, the rate of inflation has significantly outpaced 2022's Social Security cost-of-living adjustment (COLA). While inflation is definitely hurting consumers across the board, it's dealt a particularly harsh blow to seniors on a fixed income.

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