Posted inNews

Social Security payments to rise 2.8%, a tick below inflation rate

The 75 million Americans who receive Social Security benefits will see a 2.8% increase in payments next year, the Social Security Administration said Friday.  The cost-of-living adjustment is just below the inflation rate of 3% announced by the Bureau of Labor Statistics, also on Friday.  The adjustment is lower than the average over the past decade, but higher […]