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COLA 2023

Social Security COLA increase: When will we hear about it?

Social Security COLA increase: When will we hear about it?
The Social Security COLA increase is announced every year in October to help boost benefits for seniors and those on disability. The COLA increase was designed to help those on a fixed income maintain purchasing ... more
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COLA: How changes could influence Social Security payments

COLA: How changes could influence Social Security payments
Every year the Social Security Administration adjusts payments for benefits using the COLA formula and the CPI-W. But what will this do for the 2023 COLA boost? The rate of inflation for 2022 is one ... more
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COLA 2023 & what it means for Social Security benefits

COLA 2023 & what it means for Social Security benefits
According to the Bureau of Labor Statistics, the expected COLA boost for 2023 Social Security benefits should be close to 8.7%. This prediction was also made by the Senior Citizens League after analyzing the rate ... more
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Social Security October payments; biggest boosts in these states after COLA 2023 is announced

Social Security October payments; biggest boosts in these states after COLA 2023 is announced
Millions of Americans rely on Social Security, and now that some have already received September's payments, they're waiting for October to arrive. Some state residents can expect a large boost thanks to the 2023 COLA ... more
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Social Security: October is the most important month; 2023 COLA will bring serious changes

Social Security: October is the most important month; 2023 COLA will bring serious changes
Social Security retirees had some serious changes in 2022, but they can expect even bigger ones for 2023. October marks the announcement for next year's COLA increase, and it could cause dramatic changes. Every year ... more
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COLA 2023: What will it be and when will it be announced? Everything to know about Social Security, including inflation

COLA 2023: What will it be and when will it be announced? Everything to know about Social Security, including inflation
Inflation will without a doubt impact how much the COLA will increase in 2023, but how much will the COLA increase for Social Security be? When will the 2023 COLA be announced? Inflation is possibly ... more
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Social Security: Why to take it at age 62, 2023 COLA, and potential changes proposed by Biden

Social Security: Why to take it at age 62, 2023 COLA, and potential changes proposed by Biden
Social Security is a program run through the Social Security Administration that pays retired Americans who qualify monthly benefits, and the COLA increase with work history determines just how much. There are various programs, like ... more
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