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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 ...
On the downside, rising Social Security income due to a steep 2023 COLA could push some Medicare recipients into a higher income bracket. This could affect the monthly premium costs for both lower ...
On average, Social Security benefits will increase by more than $140 a month next year, the SSA said. The average yearly benefit for 65-year-olds in 2023 is expected to rise to $30,708, or $2,559 ...
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 ...
Social Security Fairness Act of 2002 H.R. 1464: September 18, 2002 Todd Russell (R-PA) 3 Died in committee Social Security Fairness Act of 2001 S. 5404: October 10, 2001 Dianne Feinstein (D-CA) 14 Died in committee 108th Congress: Social Security Fairness Act of 2003 H.R. 147: February 11, 2003 Howard McKeon (R-CA) 300 Died in committee S. 619
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...
A government audit revealed that the Social Security Administration had incorrectly listed 23,000 people as dead in a two-year period. These people sometimes faced difficulties in convincing government agencies that they were actually alive; a 2008 story in the Nashville area focused on a woman who was incorrectly flagged as dead in the Social Security computers in 2000 and had difficulties ...
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...