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  2. 6 big shakeups to Social Security in 2023 - AOL

    www.aol.com/finance/6-big-shakeups-social...

    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 ...

  3. Social Security: What Is the Maximum Social Security ... - AOL

    www.aol.com/finance/social-security-maximum...

    According to a Fact Sheet on the SSA website, the maximum Social Security benefit for someone retiring at full retirement age will rise to $3,627 a month in 2023 from $3,345 in 2022 — an ...

  4. Social Security 2023: Latest Announcements and Info To ... - AOL

    www.aol.com/social-security-2023-latest...

    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 ...

  5. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    The Social Security Administration (SSA) provides benefit estimates to workers through the Social Security Statement. The Statement can be accessed online by opening an online account with SSA called my Social Security. With that account, workers can also construct "what if" scenarios, helping them to understand the effect on monthly benefits ...

  6. Final Reminder: These Social Security Changes Take Effect in 2023

    www.aol.com/final-reminder-social-security...

    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 ...

  7. Social Security Administration - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Administration

    The Social Security Act created a Social Security Board (SSB), [7] to oversee the administration of the new program. It was created as part of President Franklin D. Roosevelt 's New Deal with the signing of the Social Security Act of 1935 on August 14, 1935. [ 8 ]

  8. Social Security Trust Fund - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Trust_Fund

    Excess funds are used by the government for non-Social Security purposes, creating the obligations to the Social Security Administration and thus program recipients. However, Congress could cut these obligations by altering the law. Trust Fund obligations are considered "intra-governmental" debt, a component of the "public" or "national" debt.

  9. Social Security COLA 2023: When Will My Benefits Increase Begin?

    www.aol.com/finance/social-security-cola-2023...

    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 ...

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