Social Security beneficiaries look forward to a yearly cost-of-living adjustment each January, and 2023’s could be the highest in four decades.
With record-high inflation, 2023’s COLA could increase Social Security benefits for all retirees—but there could be a catch.
Could seniors see an 11% COLA in 2023? While next year’s cost-of-living increase remains to be seen, experts say it’s possible.
Early estimates for the 2023 COLA put it as the highest in over 40 years. Could this measure help combat inflation?
Recent inflation spikes have caused economic concerns for many Americans. Could 2023’s COLA ease this financial burden?