Tag: Social Security price index

Social Security benefits on a page with charts and a pen and highlighter

Social Security Benefits Will Increase by 1.3 Percent in 2021

MarketWatch Blog by Alicia H. Munnell

October 21, 2020

How best to keep Social Security benefits up to date with inflation has been a controversial issue. Critics have argued for decades that the CPI-W understates the inflation of the elderly because it does not reflect how large a share of their budget goes for medical care, where prices have been rising rapidly. The elderly…

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