The extra money can be a critical lifeline for those on fixed incomes.
Social Security is the largest source of retirement income for most Americans, AARP research shows.
It provides nearly all income for 1 in 4 seniors.
The guaranteed benefit that Social Security provides is essential to their livelihood.
For many older adults, Social Security works in tandem with Medicare.
A predicted surge in costs to cover Aduhelm accounted for about half of a large premium increase in 2022.
In addition to lower Part B premiums, parts of theInflation Reduction Actgo into effect next month.
Thats why AARP is urging Congress to work in a bipartisan way to protect and strengthen Social Security.
Millions of Americans work hard throughout their lives to earn their benefits.
Social Security is a promise that must not be broken.
We will continue to work with both parties to protect Social Security.
The stakes are too high for anything less.
