Social Security Payments to Retirees May Increase by $175 in The Upcoming Year! Will, that Be Sufficient to Keep up With Inflation?
Recent estimates suggest that the quick rise in inflation may give Social Security recipients a 10.5 percent pay bump the following year. The Senior Citizens League, an advocacy organization, predicted that as a result, the average monthly retiree payout, which is currently $1,668, will rise by roughly $175. However, it might not be enough to … Read more