by Joyce & Bary Law | Oct 13, 2022 | COLA Increase
Social Security recipients will see an 8.7% increase in their benefits beginning January 2023, the Social Security Administration announced today. “The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the...
by Joyce & Bary Law | Oct 12, 2022 | COLA Increase
With the US inflation rate reaching its highest point in more than 40 years, Americans who receive Social Security benefits, including SSD, are on pace to receive a cost-of-living-adjustment of nearly 9 percent. What does that mean for you if you are already receiving...