Social Security's cost-of-living adjustment could be higher next year. But that doesn't necessarily mean the money will go further - CNBC2021-05-13-1620865071

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Social Security's cost-of-living adjustment could be higher next year. But that doesn't necessarily mean the money will go further - CNBC

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Summary

New data points to a bigger boost for Social Security beneficiaries next year. Just how far any increase may benefit retirees will depend on inflation.

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