Your Odds for a Decent-Sized Social Security Boost in 2018 Just Got Better
Americans rely on the retirement benefits that Social Security pays, and one of the most important aspects of Social Security is that it automatically increases the size of monthly checks every year to keep up with inflation. Yet in recent years, Social Security's increases have been very small, and that has left some retirees struggling to make ends meet.
There might be good news for those retirees in 2018. Early signs suggested months ago that there might be a bigger cost-of-living adjustment (COLA) for Social Security than we've seen in several years. Now, the picture is getting clearer, and news that was just released gave Social Security recipients two of the three puzzle pieces they need to come up with a final answer to how much their increase in monthly checks will be in the new year.
Image source: Getty Images.
Source: Fool.com
