Social Security recipients to get small increase
The average recipient of Social Security will receive a slight increase in benefits in 2017, according to projections released Wednesday.
Trustees who oversee the nation’s entitlement programs said in two new reports that they expect Social Security’s cost-of-living-adjustment (COLA) increase to be 0.2% next year, based on “intermediate assumptions.” The trustees also projected that Medicare’s Hospital Insurance trust fund will run out of money earlier than previously predicted.
Retiree News 
Comments are closed.