Social Security: Major Changes Are Coming in 2023. Why That's Good and Bad News.
This year hasn't been easy, but it's been especially tough for retirees hit hard by inflation and the stock market downturn.
For many older adults, Social Security is a lifeline during tough times. Starting in 2023, there will be a few changes that will affect your benefit amount -- the most significant being a historic cost-of-living adjustment (COLA).
There's good and bad news about these changes, though. Here's what you need to know heading into the new year.
Source Fool.com
