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Social Security payments 2022: Massive $2,400 increase could be on the way for recipients

By Ryan King
Published August 8, 2022 2:27pm ET
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Social Security payments 2022: Massive $2,400 increase could be on the way for recipients
Several members of Congress are hoping to pass the Social Security Expansion Act, which would expand benefits by $200 a month for any recipient as senior citizens grapple with roaring inflation. Introduced on June 9 by Rep. Peter DeFazio (D-OR) and Sen. Bernie Sanders (I-VT), the bill would amount to a roughly 12% boost for […]

Several members of Congress are hoping to pass the Social Security Expansion Act, which would expand benefits by $200 a month for any recipient as senior citizens grapple with roaring inflation.

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Congress Legislation Money Social Security