Latest News
How Social Security raise impacts retirees
Social Security recipients will get a 1.7% cost-of-living adjustment starting in January, according to the Social Security Administration. For the average retired person receiving Social Security, monthly payments will rise $22 to $1,328 from $1,306. The average couple’s benefits will rise to $2,176 from $2,140. So what does all this mean for retirees? USA TODAY talked to Christopher Jones, chief investment officer for Financial Engines (FNGN), a provider of defined contribution managed accounts...Read More
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.