Social Security benefits to jump by 8.7% next year
(Local News ~ 10/13/22)
WASHINGTON (AP) -- Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the higher cost of everyday living. The cost-of living adjustment -- the largest in more than 40 years -- means the average recipient will receive more than $140 extra a month beginning in January, the Social Security Administration said Thursday...
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