Is Social Security Raising Payments in 2025?
The Social Security Administration (SSA) has announced that Social Security beneficiaries will receive a Cost-of-Living Adjustment (COLA) of 8.7% in 2023. This is the largest COLA increase since 1981 and will result in an average monthly benefit increase of $140 for retired workers. The COLA is designed to help protect Social Security benefits from inflation, which has been… Read More »
