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Wednesday, September 15, 2021

The Daily Money: Social Security will increase how much?

In today's Daily Money newsletter, we have insights on Social Security, the iPhone 13, 401(k)s and home repair costs. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, September 15

Good morning, Daily Money friends, it's Nathan wishing you a happy Wednesday!

πŸš€ SpaceX is set to launch four civilians into space tonight ... without astronauts. They'll orbit the earth for three days.

It's the first all-civilian mission in the history of spaceflight.

πŸ’° The Daily Money is USA TODAY's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here!

On to our ... 

πŸ’‘ INSIGHT OF THE DAY: Social Security recipients are likely poised to receive a big boost in their checks in 2020. With inflation spiking, the 68 million beneficiaries are projected to receive a cost-of-living adjustment of 6% to 6.1%, according to the Senior Citizen League. That would far outpace the average 1.4% increase since 2010. For the average retiree receiving a monthly check of $1,559, a 6% rise would translate into $93.54 in extra funds.

πŸ“° And here are more stories you won't want to miss:

1. The iPhone 13 is here, and the iPad Mini is back: Check out all the details from Apple's reveal event.

2. Looking to trade up to get an iPhone 13? Here's a rundown of the best deals out there.

3. 401(k)s are a sensible investment option for many Americans: But here are three reasons why they may not be the best savings option for your needs.

4. Don't wait: It pays to check out home repair costs and contractors before an emergency pops up.

5. Disney Store closings are upon us: Wednesday is the last day for some stores

Goodbye, Mickey.

--@NathanBomey 

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