Resetting Social Security's projected raise next year is only part of the story.

A projected raise sounds generous, but there's more to the story.

Many retirees rely on Social Security for a stress-freeretirement. But for those without other sources of income, the program'sannual cost-of-living adjustments, or COLAs, are extremely important.

If the COLA were put in place today, average benefits would rise by $73.62, from $1937.53 to $2,011.15. Making the situation ...