Social Security Checks Projected To Go Up Up 8.7% In January
by Richard Kuehn on 09/18/22
According to an estimate by Mary Johnson, a policy analyst
for the Senior Citizen League, an advocacy group, Social Security Payments
could see the largest increase since 1982 in 2023. That’s the good news. The bad news is that inflation is still very
high so the 8.7% increase may not mean much as far as purchasing power
goes. For the average retiree who
currently gets a check for $1,656, the cost-of-living hike would bring them an
additional $144.10 a month in 2023, making the average payment $1,800.
https://www.pressreader.com/usa/the-commercial-appeal/20220915/281578064511689
Comments (0)
