Social Security’s Cost-of-Living Increase: Everything You Need to Know Inflation dictates the annual benefit adjustment, known as the COLA, for retired Americans. The latest boost of 8.7 percent ...

Retirees will learn the amount of the increase for 2023 in October, and the current estimate is that it will be 8.7%. By Mark Miller More than 70 million Americans who receive Social Security ...

Social Security recipients will soon receive their biggest benefit hike since 1981, with the pension program set to deliver an 8.7% cost-of-living increase in 2023. The annual cost-of-living ...

Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday.

Social Security benefits are set to rise by 8.7% next year – the fourth-biggest increase since automatic inflation adjustments were introduced in 1975.. This cost-of-living adjustment, or COLA ...

Retired Americans who collect Social Security are about to get the biggest "raise" in 40 years: A 5.9% increase in their monthly payments starting in January.

Senior citizens and other Social Security recipients will start getting a heftier monthly benefit next month due to an 8.7% annual cost-of-living adjustment aimed at helping them cope with high ...

This year, since inflation has gone up significantly, the Social Security cost-of-living adjustment also was robust: an 8.7% bump, the largest percentage increase since 1981.

The Social Security Administration announced an annual cost of living adjustment of 8.7% ... last year's $92 overall Social Security COLA increase was diminished by a $21 ... For 2022, the year-on ...

Increase your Social Security check with a 401(k) bridge. ... Elaine Silvestrini has worked for Kiplinger since 2021, serving as senior retirement editor since 2022. Before that, ...

Social Security recipients struggling with higher inflation get a major boost in their monthly benefits starting next year. The agency announced an 8.7% cost of living increase for 2023 on Thursday.

Social Security's state offices that review disability claims are at a breaking point with massive backlogs, leaving disabled Americans waiting months for judgments.