Tag: cost of living adjustment

  • Social Security Benefits Increase in 2023

    The 8.7 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million Social Security (SS) beneficiaries in January 2023. Increased payments to more than 7 million Supplemental Social Security (SSI) beneficiaries will begin on Dec. 30, 2022.

  • SS Benefits Get a Bump in 2021

    It’s about time for some good news: Social Security (SS) and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021.