By Malaika Jabali ·Updated October 13, 2021
People who receive Social Security benefits and Supplemental Security Income (SSI) will see an uptick in payments to adjust for the increased cost of living.
The change— an increase of 5.9%— will affect about 70 million people, the Social Security Administration announced Wednesday. This is the largest jump since 1982, CNN reports.
Those who receive Social Security can expect the bump next January. Recipients of Supplemental Security