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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 ...
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 ...
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.
Most Social Security recipients are probably aware by now that they'll be getting an 8.7% cost-of-living adjustment (COLA) in 2023 -- the highest in more than 40 years. The COLA is based on this...
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...
The group’s latest COLA estimate is well below earlier estimates this year — estimates that projected a Social Security increase as high as 10.5% in 2023. However, even an increase of 8.7% ...
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 ...
With rising inflation, 2023 will bring some relief in the form of higher Social Security benefits and Social Security Income (SSI) payments. But how much can you expect to get? CPI: September's...