Biden Signs Bill Increasing Social Security Payments Up to $4,873 for Millions, Expanding Eligibility for Three Million More in Public Service Jobs

Jan 5, 2025, 04:06 PM

A new bill signed by President Joe Biden is set to increase Social Security payments for millions of Americans. The first round of payments, which could be as high as $4,873, is scheduled to be distributed in four days. Additionally, the legislation is expected to expand eligibility, with an estimated three million more Americans qualifying for full Social Security benefits. This change particularly affects individuals in public service jobs, who will also benefit from the higher payments.