The average Social Security recipient will receive a roughly $25 boost in their monthly check in 2018, per a modest increase announced by the Social Security Administration on Friday. This change will affect over 66 million Americans who rely on monthly Social Security payments.
The overall 2 percent increase in Social Security is the largest increase since 2011, when the benefit was bumped 3.6 percent, but it still falls below the percentage predicted by officials earlier this summer.
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