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Seniors on Social Security Can Expect Big Changes in 2023


It's been a tough year for many seniors. Inflation has been surging, the stock market is falling, and a recession is looking more and more likely.

Nearly 90% of current retirees say that Social Security is either a major or minor source of income, according to a 2022 survey from Gallup. It pays, then, to understand the upcoming changes to the program and how they could affect your retirement income.

It's been a historic year for Social Security, and the changes in 2023 could be massive. While we won't know all of the details until later this year, here's what you can expect.

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Source Fool.com


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