Canadian researchers find a simple cure for cancer, but major pharmaceutical companies are not interested. Researchers at the University of Alberta, in Edmonton, Canada have cured cancer last week, yet there is a little ripple in the news or in TV.
Social Security recipients will get a 1.7% cost-of-living raise starting in January, the Social Security Administration announced Wednesday. For the average retired person receiving Social Security, monthly payments would rise $22 to $1,328 from $1,306. The average couple's benefits would rise to $2,176 from $2,140. Average annual payout: $15,936.
For 2017, the calculations reveal that the average monthly Social Security check is $1,377 with a maximum benefit of $2,687 a month. But in 2018 Social Securityâs cost of living adjustment (COLA) and an increase in income that succumbs to payroll taxes will raise the average and maximum Social Security stipend benefit to $1,404 and $2,788.