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Social Security Recipients To See Increase In January
Updated July 19, 2017 6:23 AM
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(UNDATED) - Millions of Americans on Social Security can expect about a two percent increase in their monthly payments starting in January.

That works out to around 30-dollars a month for the average recipient according to projections released yesterday by the board of trustees.

The actual cost-of-living adjustments for Social Security and Medicare Part B will be announced this fall.

More than 61 million seniors receive benefits under the program.

The average monthly payment is just over 12-hundred dollars.

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