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Social Security benefits to increase in 2013

Those who receive Social Security or Supplemental Security Income (SSI) payments will see their benefits increase in 2013, according to northern Wisconsin Public Affairs Specialist Ken Hess.

Beginning in 2013, a 1.7% cost-of-living adjustment will be applied to all Social Security and SSI payments.

The average monthly Social Security benefit for a retired worker in 2013 will be $1,261 (up from $1,240 in 2012) and the average month­ly Social Security benefit for a disabled worker in 2013 will be $1,132 (up from $1,113 in 2012). 

Tuesday, December 11, 2012 6:30 PM
 

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