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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 ...
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.
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 ...
A new year means a new schedule of Social Security payments for the 66 million beneficiaries who are enrolled in the program. Social Security: Why Not Everyone Will Get An 8.7% COLA Increase in...
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...
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 ...
Each year, usually in October, the Social Security Administration announces the cost-of-living adjustment (COLA) increase for the following year. With the Consumer Price Index (CPI) for September ...