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Will Your 2023 Social Security Check Beat the Average?


By now, all Social Security beneficiaries should have received a notice indicating the amount of their 2023 monthly checks. Everyone will see a significant jump thanks to the massive 8.7% cost-of-living adjustment (COLA). But since each person's benefit is different, their raise will be different too.

Here's what you need to know to figure out how your 2023 benefit stacks up to the average and the factors that influence how much you get.

Image source: Getty Images.

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Source Fool.com


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