Social Security Benefits Increased


The Social Security Administration (SSA) announced that Social Security and Supplemental Security Income (SSI) benefits will increase by 3.5% this year. These benefits go up automatically based on the rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers from the third quarter of one year to the corresponding period in the next. For Social Security recipients the new amounts begin in January 2001, and the average monthly benefit rises to $845 from $816. Increased monthly payments to SSI recipients began on December 29, 2000. The amount rose to $530 from $512 for individuals and to $796 from $769 for couples.

RESOURCES

Keeping you informed and prepared amid the coronavirus outbreak

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

VIDEO

Excel walk-through: Sparklines

Want to liven up your spreadsheets with some color and graphical elements? Kelly L. Williams, CPA, Ph.D., shows how to use Excel sparklines, which illustrate data trends and patterns via small charts that fit in a single Excel cell.