October 24th, 2016

A Small Change to Social Security in 2017 with a Possible Medicare Premium Hike

The average Social Security recipient will receive a whopping $5 per month raise next year. In 2017, Social Security’s mean monthly benefit is projected to rise, from the current $1,355, by this scant amount because of low yearly inflation measured by the federal government. Social Security cost-of-living adjustments (COLAs) are tied to changes in the … Continue reading “A Small Change to Social Security in 2017 with a Possible Medicare Premium Hike”