The Social Security Administration announced that benefits will rise 3.6% this year, and the increase for 2027 is set to be larger than the one for 2026. The average check of $2,095 will go up $75 to $2,170 starting in January, the biggest jump since 2023 and the fifth largest since 1993. The increase responds to inflation that has raised prices for gas, groceries, electricity and housing, and almost 170,000 people in Monroe County receive benefits. AARP's Bill Sweeney said many still find it insufficient, with most people saying a 5-8% increase would help their budgets work. The taxable maximum income also rises from $184,500 to $192,300, affecting working people.
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| Market | Currencies |
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| Change that session | +0.20% |
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