The Social Security Administration is moving forward with a major change to the way it calculates monthly Supplemental Security Income benefits for those with disabilities. The agency said that starting this fall it will no longer factor food when determining…
Millions of seniors nationwide are among those who rely on the financial support they receive each month via their Social Security benefits checks. However, many say that these payouts have failed to keep up with inflation and the escalating prices…
In 2023, recipients of Social Security benefits saw the biggest increase in decades in their monthly checks. Although their payouts will indeed rise again in 2024, the cost-of-living adjustment (COLA) will be more modest – just 3.2 percent, versus the nearly…