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President Joe Biden signed the Social Security Fairness Act of 2023 on Sunday. ... That means an estimated average of $360 per month increase." The president added that more than 2.5 million ...
For most Social Security recipients, the biggest change set to take effect in 2023 is an 8.7% cost-of-living adjustment -- the highest in 41 years. But that's far from the only change heading into ...
President Biden signed legislation into law over the weekend to expand Social Security benefits for droves of Americans. ... by the WEP as of December 2023. That same month, nearly 746,000 also ...
That means 2023’s 8.7% increase will be the biggest one in over 40 years. ... Don’t worry! In the 2023 Social Security COLA Announcement, Kijakazi states that as long as you set up your My ...
The new payment amounts in 2023 will reflect an increase of 8.7%, which is the highest adjustment the Social Security Administration has offered since 1981 and is the fourth biggest COLA in the ...
The news of the 2023 payment increase comes as a relief to the many seniors and other beneficiaries of Social Security (about 70 million people, per the SSA) who have been struggling to pay bills ...
The big news for 2023 is an 8.7% jump in the Social Security COLA, which is the highest since an 11.2% increase in 1981. The COLA’s steep hike this year is due to the soaring inflation rate ...
The Social Security Administration compares the average CPI-W in the three months of the third quarter of the current year to the same timeframe in the year prior. In September of 2022, the CPI-W ...
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