SSD benefits

Cost-of-Living Adjustment (COLA) Announced for 2023

COLA-increase-for-2023

Every fall, the Social Security Administration (SSA) announces a cost-of-living adjustment (COLA) for Social Security payments for the following year. COLA is designed to ensure that beneficiaries don’t lose their financial security due to inflation and the rapidly rising cost of consumer goods and services in the United States. Recently, the SSA announced that the…

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