Elder Client Planner
Spidell Publishing Inc.
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November 30, 2005
Spidell's Elder Client Flash Email
#2005-10 : 2006 Social Security amounts

Social Security recipients who have reached full retirement age will be eligible to receive $2,053 per month in benefits, according to indexed amounts released by the Social Security Administration. This represents an increase of $114 from 2005.

With this year’s 4.1% Cost-of-Living Adjustment, retired workers will receive an average of $1,002 per month in 2006 (up from $963 in 2005). The average aged couple with both spouses receiving benefits will collect $1,648 per month (up from $1,583 in 2005).

 
 
The Elder Client Planner is our initial nationwide publication to help tax professionals keep their retired or near retired clients.
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