@ Gwcmbrodnicki2230 wrote:
Does Turbo Tax have any projection for the worth/increase of the Social Security 2022 COLA?
I'm a fellow user and saw theses articles just this week about the COLA for 2022. There are several other articles which came out this week after the CPI (Consumer Price Index) rose to 5.4% in June.
The COLA adjustment will be announced in October.
CBS News: Social Security recipients may get biggest cost-of-living bump in almost 40 years
https://www.cbsnews.com/news/social-security-cola-2022-increase-biggest-nearly-40-years/
Fortune: Social Security payments could rise over 6% next year
https://fortune.com/2021/07/15/social-security-payments-2022-inflation-cola/
