Social security payments automatically increase when the CPI goes up because of the
A) age of the recipient.
B) years receiving social security.
C) cost-of-living adjustments.
D) individual being married or unmarried.

Question

Quizplus · Accepted Answer

Social security payments increase when the CPI (consumer price index) goes up because of cost-of-living adjustments. This ensures that social security recipients can keep up with inflation and maintain the same purchasing power over time. Age, years receiving benefits, and marital status do not directly affect the amount of the cost-of-living adjustment.

Social Security Payments Automatically Increase When the CPI Goes Up