11 August 2022

This Is How Big Social Security Checks Might Grow in 2023

Happy senior looking at his phone
fizkes / Shutterstock.com

Get ready for another big bump in Social Security payments, at least if one prediction pans out. Recipients can expect their 2023 Social Security benefit to grow by 9.6% after an adjustment for inflation, according to new projections by the Senior Citizens League. If the prediction proves true, it would mark the highest cost of living adjustment — or COLA — for Social Security since 1981. It'



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