The Social Security Administration (SSA) is projected to increase monthly benefits by 5.2% in 2023 due to inflation, according to the latest Consumer Price Index (CPI) data. This would mark the largest cost-of-living adjustment (COLA) since 1982.
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The Social Security Administration (SSA) is projected to increase monthly benefits by 5.2% in 2023 due to inflation, according to the latest Consumer Price Index (CPI) data. This would mark the largest cost-of-living adjustment (COLA) since 1982.