Record-high Social Security increase could mean steeper taxes for some retirees

FAN Editor

Barron’s managing editor Kristen Bellstrom reacts to younger generations preparing for the prospect of fewer Social Security benefits. The biggest Social Security cost-of-living increase in 40 years could bring along an unwelcome side effect for retired Americans already grappling with inflation: higher taxes. Although Social Security recipients receive a cost-of-living […]