Tododisca has the details of a Senate proposal to increase annual benefits by $2400!
The ravages of inflation on retirees in the United States are enormous. Social Security retirement benefit checks in many cases are not sufficient. And, to top it off, it appears that the economic funds are depleted and soon Social Security will not be able to pay all full retirements. This could be the case, although a new law proposal that would change this completely.
With this new bill, not only would benefits not be reduced. This new bill would also increase the money available to pay them. And all in a very logical and hassle-free way for retirees collecting their Social Security benefit. This bill is very interesting because many retirees who collect Social Security have no other source of income.
