Will the $140 increase make a difference in your life or the life of your loved ones? Tell us by filling out the form in this story.
An older customer pushes his Kroger shopping cart laden with purchases in Jackson, Miss., Wednesday, Oct. 12, 2022. Millions of Social Security recipients will soon learn just how high a boost theyll get in their benefits next year. The increase will be announced Thursday morning. It’s a historic increase and welcome news for American retirees and others — but it’s tempered by the fact that it’s fueled by high inflation that’s raised the cost of everyday living.
The boost in benefits, the biggest in 40 years, will be coupled with a 3% drop in Medicare Part B premiums, meaning retirees will get the full impact of the jump in Social Security benefits. So we want to hear from you: Will this increase make a difference in your life or the life of your loved ones?Copyright 2022 by WJXT News4JAX - All rights reserved.
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