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Social Security is likely to see biggest benefit hike since 1981. Here's when you'll get it.

Por: CBS News Politics October 10, 2022

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Every fall, the Social Security Administration makes an announcement that has a major impact on the 66 million people who receive benefit checks. The annual inflation adjustment is aimed at keeping seniors from losing purchasing power.The agency this year is expected to announce its 2023 cost-of-living adjustment, or COLA, on Thursday, October 13. The Social Security Administration its COLA on the inflation rate during the third quarter, or July... + full article



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