Why 2023 Will Be a Game-Changing Year for Social Security

With just about six weeks before 2022 comes to a close, retirees are gearing up for a new year of Social Security benefits, which usually see some change from year to year.

That's because there is typically some level of increase to benefits due to the Social Security Administration's (SSA) cost-of-living-adjustment (COLA). There are other changes that impact benefits and the program each year as well.

In 2023, retirees will see some of the most significant changes to the program in decades. Here's why.

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Source Fool.com