social security payments

Social Security Gets Major Boost with New COLA Adjustment—July Payments Could Hit $6,710

There are millions of Americans who are seeing a slight boost in their social security checks. This boosted amount is a 2.5% Cost-of-Living Adjustment (COLA) that will kick in alongside a new payment schedule. There are several people who are getting pending retroactive payments every month. There are many who are welcoming this boosted amount;