2022 Average Benefit Payments — How Do Yours Stack Up?
Do you know the average benefit payment for 2022?
Do you know the average benefit payment for 2022?
Inflation is up a staggering 9.1% over the past year alone. This insane increase is not being matched by Social Security. Unfortunately, that means that many senior citizens reliant on their benefit payments are struggling to live comfortably during retirement.
Many retirees rely on the entirety of their Social Security payments each month.
A new piece of bipartisan legislation has been introduced.
The estimated COLA increase for 2023 is not as great as it looks at a first glance.