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Social Security recipients will soon find out what their new monthly payments will be in 2023 after the 8.7% cost-of-living adjustment (COLA) kicks in. Beginning in December, the Social Security...
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 ...
Indiana has one of the least restrictive set of gun laws in the United States. [2] In 2022, Indiana's permitless open carry law went into effect. The state government still issues licenses upon application, such as if an Indiana resident wants to be licensed while traveling out-of-state to states which recognize Indiana licenses.
This year’s soaring inflation rate has all but assured that in 2023, Social Security recipients will get their highest cost-of-living adjustment in 41 years.Based on the latest consumer price ...
Big Cost-of-Living Adjustment The 5.9% increase in the Social Security cost-of-living adjustment in 2022 was the largest jump since the 7.4% hike in 1982, a whopping 40 years ago.
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 ...
December will be the final month that Social Security recipients get payments with the 2023 cost-of-living adjustment of 8.7% — the highest in more than four decades.