Social Security beneficiaries are expecting a boost in their benefits next year. But when will 2022’s huge COLA take effect?

Social Security beneficiaries are expecting a boost in their benefits next year. But when will 2022’s huge COLA take effect?
The Social Security Trust Fund must contain real money so seniors can have financial peace-of-mind no matter what is happening in Washington.
Social Security’s cost-of-living adjustment for 2022 could seem like good news for seniors, but it’s not enough to protect benefits.