2 Pieces of Really Bad News for Social Security Retirees

2 Pieces of Really Bad News for Social Security Retirees

Retirees got some seemingly good news recently when the Social Security Administration announced that Social Security beneficiaries would be getting a 5.9% cost of living adjustment (COLA) in 2022. Seniors typically rely on Medicare for their healthcare coverage. In fact, most retirees have Medicare premiums withdrawn directly from their Social Security checks.