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Seniors could be in line for a very nice boost

The Consumer Price Index for All Urban Consumers was unchanged in July 2022 (seasonally adjusted) after rising 1.3 percent in June and 1.0 percent in May. Consumer Price Index unchanged over the month, up 8.5 percent over the year, in July 2022. So, what does this all mean to Social Security recipients? Maurie Backman explains how next year’s cost of living adjustment could be far more substantial than last year’s increase. Read Ms. Backman’s article here…

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