A cost-of-living-adjustment means that Social Security recipients will get a 1.7% increase in retirement benefits for 2012, which should translate into an extra $21 per month.
That's a minor bump compared to the 3.6% increase in 2012.
But don't lose sight of the big picture; the 2013 cost of Medicare Part B premiums will be announed later this month. That cost increase might wipe out the Social Security income increase, and then some. Stay tuned!