Upcoming Increase to Social Security Benefits
Increase to Social Security Benefits Is Coming: What It Means for You A big benefit is set to come to Social Security recipients next year. According to AARP, the cost-of-living adjustment (COLA) is set at 8.7% for 2023, a significant jump over the 1.3% COLA in 2021 and even the 5.9% COLA in 2022. In …