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Social Security COLA 2023 increase: Payment dates for the 8.7% benefit hike

Por: CBS News Nation December 15, 2022

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Seniors and millions of other Social Security recipients will soon get their biggest benefit hike since 1981, with the pension program set to deliver an in 2023. The annual cost-of-living adjustment, or COLA, takes effect with the December benefits, but those payments will largely be made in January 2023, to the Social Security Administration. With the increase, the average benefit check will rise more than $140 to $1,827 a month, compared with... + full article



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