January 4, 2009

Retirees get a BIG bump in the wallet

Category: Uncategorized — admin @ 4:01 pm

Social Security checks are getting fatter.  Effective this weekend, each check is now bumped by just shy of 6%.  On average, that means each retiree will see an extra $63 every month (total monthly check of $1,153).

According to this story in the Columbian the bump isn’t considered life-changing by any stretch of the imagination.  BUT, the additional bucks are certainly welcome in this struggling economy.

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