$4 a month? Social Security recipients to get tiny increase
WASHINGTON — Millions of Social Security recipients and federal retirees will get a 0.3 percent increase in monthly benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises. The adjustment adds up to a monthly increase of less than $4 a month for an average recipient.
The cost-of-living adjustment, announced by the government Tuesday, will affect more than 70 million people — about 1 in 5 Americans. For recipients, the average monthly Social Security payment now is $1,238.
Unfortunately for some seniors, even the small increase will... read more
- 16:10 Source: ASU football to hire ex-Sun Devil Derek Hagan
- 16:01 Arizona's NBA players: James Harden continues to shine for Houston...
- 15:36 Game Day: Arizona Coyotes take on Sabres in Buffalo
- 15:26 Conservative Utah lets women get birth control from pharmacy
- 13:58 Diamondbacks uniforms: What Arizona is wearing in 2018 MLB season
- 13:25 Insider: Do the Colts still have a shot at Saquon Barkley?
- 13:14 Arizona Cardinals NFL draft history: A look at the wide receivers
- 12:40 Christian Kirk: It would be 'surreal' to go to Arizona Cardinals in...
- 12:07 Houston identies $700M in priority flood control projects
- 11:29 Arizona's best high school baseball coaches: Top of the heap