Seniors on Social Security: Expect Big Changes in 2023 and Beyond
Social Security is a major source of income for millions of older adults. For many, it's the sole income source in retirement. This means any changes to the program could have a significant impact on your financial situation.
Next year will be a big one for Social Security, with a historic cost-of-living adjustment (COLA) creating ripple effects across the program. But Social Security is also a hot topic in Washington, and some lawmakers have sweeping changes in mind. Here's what to expect.
Image source: Getty Images.
Source Fool.com
