Social Security checks are schedule to rise about 3.6%. What does that really mean for you.
Via CNN
Senior citizens will soon get their first raise in three years, the government announced Wednesday.
Social Security recipients will receive a cost of living adjustment of 3.6% starting in January.
Social Security plays a vital role in keeping senior citizens afloat. Nearly 60 million Americans receive benefits, with an average monthly check coming in at nearly $1,100. The COLA increase would translate to a roughly $39 increase.
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