SOCIAL SECURITY BENEFITS INCREASING

Around 66 million people will see a small raise in their Social Security in the next year.

There will be a 0.3 percent increase, which averages out to an extra $3.92 per month.

Many on Social Security are worried by rising health care costs, those of which have risen faster than inflation.

Prescription prices and Medicare premiums are skyrocketing as well.

Some blame the jump, small as it may be, on the drop in oil and gas prices. These prices have helped keep inflation steady.

 

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