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Social Security: 3 Pieces of Good News for Seniors in 2023

Social Security: 3 Pieces of Good News for Seniors in 2023

Earlier in the year, some experts were predicting as much as an 11% raise for seniors on Social Security in 2023. Last-year's positive news of a 5.9% COLA was offset by the announcement that the standard Medicare Part B premium would be rising from $148.50 in 2021 to $170.10 in 2022.