Social Security Report

Latest News

Biggest Benefits Change in Over 40 Years Coming in 2023

There has been no substantive change in the law as it pertains to Social Security, and none is expected in 2022. Yet next year will bring a major change, namely the highest cost of living adjustment (COLA) in 40 years. What that is to be exactly will not be known until mid October, however. Christy Bieber explains the 8.6% prediction and what that means for seniors in her piece and further summarizes the history of the COLA program that began automatically in the mid 1970s. Read entire article here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.