Americans soon will see Social Security benefits increase
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MADISON COUNTY, Tenn. — Americans receiving Social Security benefits will be seeing a bump in their monthly income in the near future. The government announced Tuesday that Social Security checks will rise by 1.7 percent. On average, recipients will see an additional $22 in their checks each month. The change will affect more than 58 million Social Security recipients. However, the additional income will not be seen until January. According to the Social Security Administration, in 2015, the average worker will receive around $1,400 a month, adding up to about $16,000 a year. The government raised the rates because of inflation and because seniors are facing increases in utilities and grocery bills as well as other necessities. Many retirees that spoke to WBBJ 7 Eyewitness News said their Social Security is their main source of income.
