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Social Security COLA: Payments To Increase 8.7% in 2023

Nov 9, 2022 - Social Security Disability

Social Security recipients, including those who receive Social Security Disability (SSD) and Supplemental Security Income (SSI), can expect to see their benefit payments increase nearly 9% next year based on a cost-of-living adjustment (COLA). The 8.7% Social Security COLA for 2023 is higher than the 2022 adjustment and the highest since 1981. It reflects the … Continue reading “Social Security COLA: Payments To Increase 8.7% in 2023”

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