When will Social Security reveal 2023’s COLA increase?

When will Social Security reveal 2023’s COLA increase?

(NEXSTAR) – The Social Security Administration is getting ready to announce the cost-of-living adjustment (COLA) for Social Security beneficiaries in 2023, and it’s expected to be a sizable increase.
The adjustments, which are designed to help Social Security and Supplemental Security Income (SSI) payments keep pace with inflation, are calculated each year based on recent increases in the…

View On WordPress

Leave a Reply

Your email address will not be published. Required fields are marked *