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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”

Social Security Benefit Payments to Increase 5.9 Percent for 2022

Dec 20, 2021 - Social Security Disability

You’ve probably noticed that many things have gotten more expensive over the last year. You’re not alone. The Social Security Administration (SSA) has also noted that the prices for goods and services have gone up compared to 12 months ago. As a result, people who receive monthly payments from SSA—including those receiving Social Security Disability (SSD) … Continue reading “Social Security Benefit Payments to Increase 5.9 Percent for 2022”

 
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