Social Security cost-of-living adjustment to get 0.3% increase in 2017
This is the fourth consecutive year of COLAs falling below 2%.
Social Security benefits will get a slight 0.3% increase next year, up from zero this year.
The Social Security Administration announced Tuesday that the cost-of-living adjustment will see the average monthly benefit for retirees go up to a measly $1,360 from $1,355 starting in January next year.
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