Social Security recipients to see bump in benefits
Social Security recipients to see bump in benefits
(NEXSTAR) – Social Security beneficiaries are set to see a sizable increase in their 2023 benefit checks thanks to a cost-of-living adjustment (COLA) designed to offset soaring inflation.
An analysis released this week by nonprofit The Senior Citizens League forecasts a 9.6% raise, which means the average retiree who receives $1,656 a month would get an extra $159 in each payment.
COLA helps…
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