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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...

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.

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