Social Security recipients could receive a large COLA adjustment, forecasters say. Here's how they can earn 4% on their money now.

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Social Security recipients could receive a large COLA adjustment, forecasters say. Here's how they can earn 4% on their money now.

Social Security recipients may get a big COLA adjustment at the end of the year, but they don't have to wait until then to start earning more on their money. …

Social Security recipients may get a big COLA adjustment at the end of the year, but they don't have to wait until then to start earning more on their money. JJ Gouin/Getty Images The surge in inflation that occurred in recent months could lead to a larger-than-usual cost-of-living adjustment (COLA) for Social Security recipients . That was the big takeaway after a report released last week forecasted a potential COLA worth nearly 4%. …

Original source: CBS News Top

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Americans · Federal Reserve · Social Security