Big COLA increase for Social Security
Nearly one in five U.S. residents – 65 million people – receive Social Security benefits. 42% of individuals 65 and older live in families that rely on the program for at least half of their income, while 20% rely on it for at least 90% of their income.
So when it was announced this week that Social Security recipients will get a 8.7% cost of living adjustment, it was a huge deal for millions of Texans. KRLD's John Liddle talked about the news with Cristina Martin Firvida, Vice President, Government Affairs,
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US set to announce huge jump in Social Security paymentsNEW YORK (AP) — Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes. On Thursday, the U.S. government is set to announce how big a percentage increase Social Security beneficiaries will see in monthly payments this upcoming year.
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What to know ahead of sizable increase in Social Security paymentsTens of millions of older Americans are about to get what may be the biggest raise of their lifetimes.
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Social security recipients will likely get the biggest payment boost in more than 40 yearsPrices have risen at a blistering pace — a huge blow for social security recipients facing rising costs for food, medical care and other expenses.
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US set to announce huge jump in Social Security paymentsTens of millions of older Americans are about to get what may be the biggest raise of their lifetimes.
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EXPLAINER: A huge jump in Social Security payments is comingOn Thursday, the U.S. government is set to announce how big a percentage increase Social Security beneficiaries will see in monthly payments this upcoming year.
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GOP plan to cut Social Security, Medicare in 2023 comes into viewRepublicans not only intend to push Social Security and Medicare cuts, they also have a plan to force the Biden White House to accept them.
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