Biggest Change To Social Security Since 1981
Here’s what happened…
Americans who receive Social Security benefits will soon get the largest increase in benefits since 1981!
According to the Washington Examiner, Social Security recipients will get an increase of about 10% compared to last years increase which was 5.9%. This increase will result in retirees getting an average of over $2,000.
It’s important to remember that these earnings will vary depending on the earnings and age of all the recipients.
Social Security benefits are automatically adjusted every year depending on the inflation and consumer prices.
Furthermore, the actual increase each recipient will get won’t officially be determined until October but they are surely to get an impressive increase.
