Social Security checks will rise by 1.7% — which translates into $22 more each month for the average retired worker. But how much does it matter?
We are all facing sharper increases for utility and grocery bills, among other essentials. If you are on a fixed income, any increase is a problem.
To help pay for the increase the Social Security Administration also announced Wednesday that the maximum amount of earnings that workers pay Social Security taxes on will increase from $117,000 to $118,500 in 2015. That is a 1.26% increase in what workers will have to pay toward social security.

disclosures:http://www.hechteffect.net/?page_id=31