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Timing Your Benefit Filing: Does the Effective Date for the COLA Make a Difference?

If you’re eligible for Social Security and on the fence about when to file to ensure you receive the full benefit of the 8.7% COLA slated for 1/1/2023, you may be wondering about the timing. The Motley Fool’s Kailey Hagen, in a post on thesouthern.com, explains the timing associated with application of the COLA. Her article also discusses how early filing or deferred filing can affect the resulting monthly amount of your benefit. Check out her post here...

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