Social Security beneficiaries looking forward to this COLA announcement eagerly.

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Today, the Social Security Administration announces huge raise in COLA which is 8.7%

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In December 2022, You will receive notices from SSA with details about change in your Social Security Payments

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How to Convert $50 into $831 in 10 Days?

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You will receive this COLA adjusted Social Security Payments in January 2023

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Around 70 Million Beneficiaries are going to be benefited from this change.

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How to protect your family from this unstoppable threat?

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The COLA increase for 2023 is huge in 40 years

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The Social Security increase is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers(CPI-W) which is 8.5%

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The CPI-W data which was released early today shows that the inflation is at 8.5% annually.

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Discover the Secret to Unlocking Financial Abundance: Say Goodbye to Struggle and Hello to Prosperity

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So to fight against this inflation, SSA announced a historical hike of 8.7% COLA.

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This raise could increase the average Social Security Benefit to $1827/Month from $1627/Month in 2022

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Unleash Your Weight Loss Freedom: Say Goodbye to Complicated Diets & Hello to Lasting Results in Just One Day

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The average Social Security Benefit of Spouse of retired workers will be $904/month including extra $72.

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The average Social Security Benefit of survivors will be $1446/month including additional $115/month.

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The average SSDI payment in 2022 was $1232, which will move up to $1339 as per COLA 2023

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Social Security and Medicare Benefits Guide

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Higher Social Security Benefits can reduce eligibility for low-income programs like food stamps.

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Higher Social Security Benefits might push retirees into higher tax bracket

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According to Congressional Budget Office, the share of social security benefit liable to tax will increase by 10% in 2023

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To regain the purchasing power of retirees as in the year 2000, the average monthly benefit for retirees would need to increase to $418. But still this 8.7% raise itself is good enough

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Social Security beneficiaries looking forward to this COLA announcement eagerly.

COLA 2023

Today, the Social Security Administration announces huge raise in COLA which is 8.7%

8.7%

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In December 2022, You will receive notices from SSA with details about change in your Social Security Payments

DEC 2022

How to Convert $50 into $831 in 10 Days?

You will receive this COLA adjusted Social Security Payments in January 2023

JAN 2023

Around 70 Million Beneficiaries are going to be benefited from this change.

70 Million

How to protect your family from this unstoppable threat?

The COLA increase for 2023 is huge in 40 years

HUGE

The Social Security increase is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers(CPI-W) which is 8.5%

CPI-W

The CPI-W data which was released early today shows that the inflation is at 8.5% annually.

8.5%

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So to fight against this inflation, SSA announced a historical hike of 8.7% COLA.

SSA

This raise could increase the average Social Security Benefit to $1827/Month from $1627/Month in 2022

$1827

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The average Social Security Benefit of Spouse of retired workers will be $904/month including extra $72.

SPOUSE

The average Social Security Benefit of survivors will be $1446/month including additional $115/month.

SURVIVORS

The average SSDI payment in 2022 was $1232, which will move up to $1339 as per COLA 2023

SSDI

Social Security and Medicare Benefits Guide

Simple and easy to read guide with details about all types of benefits like Retirement, Spouse, Disability, Medicare and much more

Higher Social Security Benefits can reduce eligibility for low-income programs like food stamps.

INELIGIBLE

Higher Social Security Benefits might push retirees into higher tax bracket

TAX BRACKET

According to Congressional Budget Office, the share of social security benefit liable to tax will increase by 10% in 2023

10%

To regain the purchasing power of retirees as in the year 2000, the average monthly benefit for retirees would need to increase to $418. But still this 8.7% raise itself is good enough

PURCHASING POWER

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