Social Security benefits will rise by 0.3 percent in 2017 to account for inflation, the government announced Tuesday.
Although this marks the first cost-of-living adjustment, or COLA, in two years, a chorus of mostly progressive retirement security advocates say the increase is not enough to keep pace with the living costs of the more than 60 million Americans who receive benefits.
Federal retirees, Social Security recipients, military retirees and beneficiaries of several other government programs will receive an increase of 1.5 percent in their benefits in January. The cost of living adjustment, or COLA, is ...
Annuity benefits to retired federal employees will increase by 0.3 percent in January 2017, the government announced Tuesday, a cost-of-living adjustment that translates into a monthly boost averaging around $10. The adjustment to f...
Most retirees won't see any of the tiny 2017 Social Security increase in their bank accounts. Instead, it will go to pay higher Medicare premiums.
The government has announced that Social Security beneficiaries will receive a 0.3% cost-of-living adjustment to their monthly checks in 2017.