Could a $2,400 Pay Raise for Social Security Recipients Be on the Way?
Bad news usually gets more attention than good news does. That's especially the case when the news is about Social Security, a program that millions of Americans depend on to help make ends meet every month.
There's been plenty of bad news lately about Social Security lately. The Social Security Trustees recently released their 2022 report. It was no shock that they project that the program's trust funds will run out of money by 2035. However, the possibility that seniors on Social Security could be in store for a 20% pay cut down the road wasn't comforting.
But there just might be some good news, too. Could a $2,400 pay raise for Social Security recipients be on the way instead of a big pay cut?
Source Fool.com
