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Social Security COLA for 2023 set

Social Security COLA for 2023 set

by | Nov 14, 2022 | Aging, Retirement

The Social Security Administration (SSA) announced an 8.7 percent cost-of-living adjustment (COLA) for 2023, the largest inflation-fueled increase in benefits in more than 40 years. Starting in January, the average monthly Social Security retirement benefit will rise...