How Big Your Social Security Increase Will Be Is In the Hands of This Little-Known Government Agency

Many children look forward to October for Halloween. Lots of Americans eagerly anticipate the month for the change in season. But retirees especially like October for another reason.

The Social Security Administration (SSA) plans to announce the 2023 cost-of-living adjustment (COLA) for Social Security recipients within the next few weeks. How big will your Social Security increase be? SSA doesn't know yet. It's now in the hands of this little-known government agency.

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Source Fool.com