Social Security checks to increase by 1.3% in 2021

  • By cvbizz
  • October 13, 2020
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via foxcarolina.com

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Come January 2021, the roughly 70 million people who receive Social Security will see a 1.3% increase in their benefit payments to account for the rising cost of living, the Social Security Administration announced Tuesday.

That means the average monthly check for retirees will increase by $20 to $1,543, the

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