Social Security to increase in 2017

It will be a small increase, but it IS an increase!

According to a USA Today report, there will be a 0.2% increase in Social Security benefits in 2017.

The small increase in Social Security next year — which equals an extra $2 for someone getting a $1,000 monthly check — would come after retirees got no increase in Social Security benefits in 2016 for the third time in four decades.The final COLA figure is typically not determined until the fall.

While we wish we could see a larger number for those struggling to get by on their benefits, hopefully this is a step in the right direction.