Social Security Announces the 2013 Cost of Living Adjustment
The Social Security Administration has announced that there will be a 1.7 percent cost of living adjustment for Social Security beneficiaries in 2013. Applying the 2013 adjustment, the average disabled worker will receive $1,132.00 in monthly benefits. The average SSI recipient will get $710.00 per month. (Please note that individual benefit rates may vary, and these are average benefits.)
For more information about the 2013 Cost of Living Adjustment, go to the Social Security Administration's press release.
If you have questions about Social Security benefits, contact McCroskey Law today.