Social Security checks may see a huge raise next year. Will it be enough?

The ongoing spike in inflation that has Americans paying more for gas, food, cars and many other things could lead to the biggest Social Security boost in almost 40 years when officials announce the cost of living adjustment, or COLA, for 2022.

Plus, members of Congress have proposed changes to how the COLA is calculated, which could result in even larger Social Security checks for 55 million retirees, their dependents…