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Social Security official: Monthly benefits likely to rise 8%
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
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