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The Social Security Administration’s Oct. 13 announcement that next year’s COLA will rise 8.7% from 2022 was in line with most projections. For months, experts speculated that the 2023 ...
As noted by CBS, the last time Social Security saw this kind of increase was back in 1981 when the SSA announced a COLA of 11.2%. The news of the 2023 payment increase comes as a relief to the ...
This week, the Social Security Administration announced the biggest payment increase for the program in decades. Every year since 1975, the SSA has instituted a cost-of-living adjustment (COLA ...
Social Security took center stage last week when the retirement program announced that beginning in 2023, beneficiaries will see their biggest payment increase in 41 years. For that, they can ...
With 2023 fast approaching, Social Security beneficiaries will soon get a definite answer on how much their monthly payments will go up next year based on the current quarter's inflation rate. For...
On average, Social Security benefits will increase by more than $140 a month in 2023, the SSA said. The 8.7% COLA will begin with benefits payable to more than 65 million Social Security ...
Social Security recipients will see a big boost to their monthly benefit checks in 2023. According to the Social Security Administration, the cost-of-living adjustment (COLA) will be 8.7% for ...
Based on CPI data through August, the estimated Social Security COLA for 2023 is 8.7%, according to The Senior Citizens League, a non-partisan seniors advocacy group.