Social Security beneficiaries will soon see a big increase in their 2023 payments thanks to a record-high cost of living adjustment (COLA) — one that increases amounts paid out by 8.7%, starting with ...
The U.S. Bureau of Labor Statistics announced Oct. 10 the September Consumer Price Index will be released at 8:30 a.m. Friday ...
With the COLA announcement date confirmed, Social Security recipients may expect bigger checks soon. Learn how much more you ...
Imagine getting a $92 monthly raise at the beginning of the year and then seeing your average monthly expenses rise by more than $130 for the rest of the year. That’s what most Social Security ...
Social Security's cost-of-living adjustment in 2022 failed to offset the impact of inflation, causing benefits to lose purchasing power. The COLA in 2023 may overestimate inflation's effect, restoring ...
In last week’s column, we looked at benefits changes in 2023 affecting current employees. This week, let’s examine the changes that apply to those who are already retired. Civil Service Retirement ...
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