These 5 Expenses Will Eat Away at Social Security Check Increases
The National Interest -

Ethen Kim Lieser

economy, Americas

A sizeable bump—the biggest boost to the benefits seen in four decades—is slated to raise retirees’ monthly payments by roughly $90 to an estimated average of $1,657, and a typical couple’s benefits will climb by approximately $150 to $2,754 per month.  

As millions of Social Security recipients are likely now aware, the Social Security Administration recently confirmed that there will indeed be a 5.9 percent cost of living adjustment (COLA) beginning next...

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