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Retirees Are Poised to See the Biggest Social Security Change in 41 Years

·3 min read
Retirees Are Poised to See the Biggest Social Security Change in 41 Years

In 2023, retirees on Social Security are likely going to experience something that no senior has in 41 years. The cost of living adjustment (COLA) they are on track to receive would result in the largest benefit increase in more than four decades. In 2023, retirees are likely to see a huge increase in their monthly checks.