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Tag: COLA

04Nov

Social Security Will Increase by Almost 9% in 2023

Posted by markelderlawon November 4, 2022November 4, 2022in Social Security
Senior couple bike riding among autumn trees

According to applicable federal law, Social Security benefits are evaluated on an annual basis and the benefits are then calculated based upon the cost-of-living as measured by the Department of Labor Consumer Price Index (DPI).  An increase in the Social…

Read More Social Security Will Increase by Almost 9% in 2023

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