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Others spoke of owners who can't keep up with high monthly maintenance fees and special assessments needed to cover the rising cost of insurance and therefore risk losing their long-time homes.
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 ...
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 latest cost-of-living adjustment is a record 8.7% bump, taking into account the rampant rates of inflation that have been affecting Americans all year. ... (SSI), the new payment amounts will ...
With the impending close of 2022, you might be making resolutions for the new year, including keeping a closer eye on what's in store for Social Security and the cost-of-living adjustment ...
As with the COLA, the jump in the wage base for 2023 has been significant as well, from 2022’s $147,000 to 2023’s $160,200. Increased Maximum Social Security Benefit
Seniors brace yourselves. You will likely be getting a 3% Social Security cost-of-living adjustment, or COLA, next year, well below the 8.7% increase in benefits received this year.
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in December 2024. That's about $49 ...