Social Security checks have been relatively unchanged since the start of 2015, but recipients could have a little more pocket change starting next year.
The Social Security Administration has approved a 2% cost of living adjustment. That will result in the average retired worker getting an extra $27 per month. (This year’s adjustment was 0.3%; there was no change in 2016.) Next year’s uptick is not a lot, admittedly, but it’s the third-biggest increase since 2009.