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Social Security Checks Increasing by 5.9 Percent

This is the highest increase in decades

The Social Security Administration announced Wednesday that recipients will receive a nearly 6 percent increase in benefits next year.

The boost in benefits, which will affect nearly 70 million people, is being fueled by a spike in inflation caused by supply chain bottlenecks, worker shortages and other economic disruptions from the COVID pandemic.

The larger checks will begin to arrive for most recipients in January.

Please select this link to read the complete article from NBC News.

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