Houston Estate Planning and Elder Law Attorney Blog
In the article "Social Security Changes in 2016.", AARP provided a full list of the Social Security changes for this year.
No Bump. Social Security beneficiaries will not receive a cost-of-living adjustment (COLA) due to low inflation. This is the third time since 2010 that beneficiaries won't see a raise.
Your Average Monthly Social Security Benefit. The maximum monthly benefit for workers retiring at full retirement age is $2,639. The average monthly benefit for all retired workers is $1,341.