GOOD NEWS! EXTRA $2400 Benefits | SSI, SSDI, Seniors, VA, RRB | Social Security Update 2022 / 2023
Yes, a bill would give Social Security recipients an extra $2,400 per year in benefits. The bill has been introduced in both the House and Senate, but an expert told VERIFY it’s unlikely to pass in 2022. Bill proposes extra $2,400 per year in Social Security benefits, but it hasn’t passed
The Social Security Expansion Act would give recipients an extra $200 per month in benefits. The bill was introduced in the House and Senate, but hasn’t been passed. In recent months, many viewers have reached out to the team with questions about potential changes to Social Security benefits in 2023. Social Security provides people with an income when they retire or can’t work due to disability. Those who are retired can typically start receiving their Social Security benefits as early as age 62. Fact-checked one claim, and confirmed that Social Security’s annual cost-of-living adjustment (COLA) is expected to be higher than average in 2023 due to inflation. But could another increase in benefits be on the way? Edward reached out to the team to ask if a bill would give Social Security recipients an extra $2,400 per year.
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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.
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