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Social Security checks to increase by 1.3% in 2021

Name: Social Security checks to increase by 1.3% in 2021
Uploaded: 2020-10-13T14:00:41-07:00
Channel: NBC Palm Springs
Description: Come January 2021, the roughly 70 million people who receive Social Security will see a 1.3% increase in their benefit payments to account for the rising cost of living, the Social Security Administration announced Tuesday. That means the average monthly check for retirees will increase by $20 to $1,543, the agency said. However, the extra $20 a month […]

By: NBC Palm Springs

October 13, 2020

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