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Social Security benefits rise

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While the Social Security wage base is going up, so are Social Security benefits. According to the Social Security Administration almost 64 million Social Security recipients are getting a 1.7% cost-of-living bump in 2015. This means that the average retired worker will see a $22 increase to $1,328 a month while the average married couple will be boosted by $36 to $2,176.

The maximum monthly Social Security check for a single baby boomer claiming benefits in 2015 at the full retirement age of 66 jumps to $2,663, up from $2,642 in 2014.

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