Social Security Checks To Notably Increase ...Middle East
News by : () -
Sonora, CA — High inflation has prompted the federal government to boost Social Security payments by 8.7% in 2023. The Social Security Administration reports it is the highest percentage increase in 40 years. The average recipient will receive an extra $146 in their monthly check starting in January, bringing the average to $1,827. The administration cites rising inflation and the increasing cost of living as reasons for the “historic” increase. In addition, there will be a 3% drop in Medicare B health insurance premiums. The Bureau of Labor Statistics announced this morning that the Consumer Price Index increased 8.2% in September compared to the same time one year ago. The additional payme
Hence then, the article about social security checks to notably increase was published today ( ) and is available on( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Social Security Checks To Notably Increase )