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COLA Increase 2023 Social Security Disability Tag > Posts tagged "COLA Increase 2023 Social Security Disability"

Social Security 11% Cost of Living Increase Possible in 2023

COLA Increase 2023 Social Security Disability

The COVID-19 pandemic, supply chain issues, the greed of American oil companies and the war in Ukraine is ravishing the world’s economy and causing prices to rise. As we go to the grocery store or fill up our gas tank we all feel the costs of inflation in our pocket book! The Social Security system has cost of living adjustments, known as COLA’s. According to an article by Aimee Picchi in Money Watch dated June 27, 2022, it is anticipated that a COLA hike of 10.8%  should go into effect in 2023. The final COLA number can change based on the rate...

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