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This Social Security Rule Should Have the Rich Jumping for Joy in 2021 – The Motley Fool

Possible bad news for 64 million Social Security beneficiaries is potentially great news for high-income earners.

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For the more than 64 million people currently receiving a Social Security benefit, we’ve entered the most important time of the year. That’s because the next couple of months will determine how much of a “raise,” if any, beneficiaries will receive in 2021.
It’s the most important time of the year for Social Security’s 64 million-plus beneficiaries
Since 1975, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) has served as Social Security’s inflationary tether. The CP…

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