It’s Here: The Biggest COLA Increase In Decades!
About 70 million Americans will get a 8.7% increase in monthly Social Security benefits and SSI payments starting in 2023. Read all about it here.
The 2023 COLA Increase Could Be The Biggest In Decades
With inflation still raging, boost in monthly payments could be biggest in decades; will it be enough? Read more from Andy Markowitz.
Retirement Benefits Slated to Increase in 2019
October 16, 2018 | posted in: Blog | by Frye Retirement
As of 2019, retired Americans who collect Social Security recipients will get the biggest COLA bump in seven years. Retirement benefits are slated to rise 2.8% next year, based on the formula that determines annual cost-of-living adjustments in Social Security. It’s the biggest gain since a 3.6% advance in 2012. Read more from Jeffry Bartash here.
