HUGE CHANCES FOR BLOCKBUSTER HIKE IN SOCIAL SECURITY BENEFITS
COLA 2023 - COULD BE HIGHEST EVER IN THE HISTORY
Cost of Living Adjustment (COLA) peaked to 5.9% for 2022
COLA 2022
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Due to inflation and COLA Security Benefits Payment Rose by $93 per month and increases the average monthly payment to $1657 in 2022
SECURITY benefits 2022
In June and July Consumer Price Index were approximately around 9%.
consumer price index
August Consumer Price Index will be released on Sep 13,2022
august consumer price index
Based on August Consumer Price Index COLA for 2023 will be determined
CPI vs cola
According to the experts 2023 Cost of Living Adjustment will be highest ever in the history
history
COLA 2023 Prediction directly implies that Security Benefits Increase also will be Huge
blockbuster benefits
According to expert predictions COLA increase will be around 9%, in this case Social Security Benefit will increase by $150 per month
COLA INCREASE
This COLA increase will be reflected from January 2023
COLA 2023
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