WASHINGTON – Tens of millions of Social Security recipients and other retirees will get a 2.8 percent increase in benefits next year as inflation edges higher. For the average retired worker, it amounts to $39 a month. After a period of low inflation, the increase for 2019 is the highest in 7 years. The cost-of-living adjustment, or COLA, affects household budgets for about one in five Americans, including Social Security beneficiaries, disabled veterans and federal retirees.
Social Security Checks To Go Up For 2019 As Inflation Rises
Northwest Herald, Northwest Herald
Thu, 10/11/2018 - 5:56am
Sections: u.s.
Topics: Illinois McHenry County Crystal Lake
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