Social Security recipients could see a $2,400 yearly boost under new proposed plan
- Millions of Social Security recipients could get an extra $200 a month under a proposal backed by Senator Bernie Sanders.
- Dubbed the “Bernie Bump,” the increase would be paid on top of beneficiaries’ regular Social Security benefits and annual cost-of-living adjustment.
- If approved, the boost would apply to nearly all current beneficiaries, including retirees, people receiving Social Security Disability Insurance and those receiving survivor benefits.
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- Millions of Social Security recipients could get an extra $200 a month under a proposal backed by Senator Bernie Sanders.
- Dubbed the “Bernie Bump,” the increase would be paid on top of beneficiaries’ regular Social Security benefits and annual cost-of-living adjustment.
- If approved, the boost would apply to nearly all current beneficiaries, including retirees, people receiving Social Security Disability Insurance and those receiving survivor benefits.
Sources: The Independent