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  1. #1
    Join Date
    Jul 2015
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    FLORIDA NATIVE
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    Social Security beneficiaries may get biggest raise in 6 years

    https://www.usatoday.com/story/money...hly/476968001/
    Social Security beneficiaries may get biggest raise in 6 years
    Updated 9:28 a.m. ET July 14, 2017
    Social Security beneficiaries are projected to receive a 2.2% cost-of-living increase next year, the most since 2011, the trustees who oversee the program said Thursday.
    That would be about $30 a month for the average retired worker. But It's a relative bonanza compared to the 0.3% adjustment for this year and the unchanged paychecks in 2016. The cost of living adjustments have been low because of unusually weak inflation in recent years.
    []

  2. #2
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    Jul 2015
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    FLORIDA NATIVE
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    http://abcnews.go.com/Health/wireSto...years-48622302
    Trustees project biggest Social Security increase in years
    WASHINGTON — Jul 13, 2017, 4:59 PM ET
    […]
    Neither Social Security nor Medicare faces an immediate crisis — they both currently have surpluses. But the trustees warn that the longer Congress waits to address the programs' problems, the harder it will be to sustain Social Security and Medicare without steep cuts in benefits, big tax increases or both.
    For example, in 2034, Social Security is projected to have a $546 billion shortfall, which would grow to more than $3 trillion in the first five years.
    […]

  3. #3
    Join Date
    Nov 2012
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    453
    That sure is great news!!
    Also, heard that Medicare will be staying the same...no current price increases.