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Social Security benefit to increase more than $2,000 under new bill

By Newsweek   |   Sep 27, 2024 at 12:35 PM EST
Social Security benefit to increase more than $2,000 under new bill

A new bill proposes increasing the Social Security lump sum death payment from $255 to $2,900 to better cover rising funeral costs. Lawmakers aim to align the benefit with current inflation levels to support grieving families.

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