Elder Law Blog
Social Security Increase payments by .03% for 2017
Woo-hoo!!! Social Security has increased its payments for 2017 by --- wait for it --- .03% for 2017. That means someone who was on SSI and received $733 per month in 2016 will receive a $2 per month increase in 2017. With monthly benefits soaring to $735 per month, we remind you "don't spend it all in one place!" Meanwhile, the payroll amount subject to Social Security taxes has increased to $127,200.
http://blog.ssa.gov/an-increase-in-social-security-benefits-in-2017/
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