The Social Security Administration estimates that of the 46 millions Americans who receive Social Security retirement benefits, 21% of married couples and 45% of single persons rely on it for a.
Social Security recipients are getting a big raise next year thanks to a 5.9% increase in their monthly payments, which is the highest Cost-of-Living Adjustment (COLA) in nearly four decades. But they.
The year opened with a debate over the American Rescue Plan, which would go on to boost household income by $1,400 $5,600 for a family of four through a third round of direct Economic Impact.
In 2021, there was hardly a sliver of the entire economy that was immune to inflation, but prices rose sharpest and fastest in the categories where most households spend most of their money. The.
The economic story of 2021 and one of the greatest anxieties about 2022 is rising prices. All year long, people watched as their dollars bought less and less of the same services and products.