Tag: Social Security recipients

The cost-of-living adjustment (COLA) will result in an 8.7% rise in Social Security recipients' payments in 2023.  While more than seven million recipients of Supplemental Security Income will begin to see the enhanced amount on December 30, 2022, more than 65 million Social Security recipients will begin to receive the modified amount in their checks in January of the following year. Social Security Benefits Most beneficiaries may see Social Security COLA notifications online by visiting their My Social Security accounts. The Social Security Administration views receiving COLA alerts online as a safe and...