Tag: social security increase
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SS Benefits Increase 2.5% in 2025
Social Security (SS) benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5% in 2025. On average, Social Security retirement benefits will increase by about $50 per month for single recipients, $75 for couples. Nearly 68 million SS beneficiaries will see the 2.5% Cost of Living Adjustment (COLA) increase…
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SS Benefits Get a Bump in 2021
It’s about time for some good news: Social Security (SS) and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021.
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SS Benefits Increase in 2020
Each year, we announce the Social Security (SS) annual cost-of-living adjustment (COLA). In 2020, nearly 69 million Americans are receiving a 1.6 percent increase in their SS benefits and Supplemental Security Income (SSI) payments.