Social Security benefits will set a record next year, and retirees in these 5 states can expect to see the greatest COLA increases. Here's why

The historic rise is also "laughably misaligned" and "woefully insufficient," according to experts.

Why these five states rise the most

The new year will bring a Social Security cost-of-living adjustment (COLA) of 2.8%, a slight step up from the 2.5% increase ...