Social Security Benefits Increase in 2023

Social Security Benefits Increase in 2023 10/13/2022 08:40 AM EDT   Approximately 70 million Americans will see a 8.7% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023. On average, Social Security benefits will increase by more than $140 per month starting in January. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price […]

 

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