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

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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