Sparks fly at Department of Labor hearing on Biden's 'retirement security rule' financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
For the 71 million-plus Americans that receive Social Security or Supplemental Security Income benefits every month, the annual cost-of-living adjustment (COLA) can make a huge difference. See: Most.
Social Security benefits pump a large chunk of change into the US economy – with about $1.4 trillion going to more than 67 million Americans last year alone.