Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's How Much Social Security Checks Are Expected to Increase in 2023

TheMotleyFool

0 0

Here's How Much Social Security Checks Are Expected to Increase in 2023: https://g.foolcdn.com/editorial/images/702190/social-security-card-with-cash-retirement-benefits-getty.jpg

For most aged Americans receiving a Social Security check each month, this income is indispensable. According to an April poll by Gallup, 89% of surveyed retirees rely on their monthly benefit to some degree to make ends meet.

Given how important Social Security is to the financial well-being of our nation's retired workforce, there's no announcement more anticipated than the cost-of-living adjustment (COLA), which will be announced on Oct. 13, 2022, at 8:30 a.m. ET.

Image source: Getty Images.

Source Fool.com

Like: 0

376c0844-1868-4e59-b3d7-25059e47cf29

Share