8.7% Social Security COLA is Highest in Four Decades, But Seniors Need a Better Inflation Formula
The Social Security Administration SSA announced this morning that Social Security benefits will increase 8.7 % in 2023 --- the largest cost-of-living adjustment (COLA) in four decades. On average, Social Security benefits will increase by more than $140 per month starting in January.
Congress Gives SSA Enough Funding to Tread Water
Congress passed a continuing resolution Friday to keep the government funded
Bill to Repeal Social Security WEP & GPO Advances Out of Committee
A bill to repeal two largely unpopular rules affecting some public sector workers’ ability to collect Social Security benefits was reported out of the House Ways & Means committee today. The Social Security Fairness Act was introduced by Rep. Rodney Davis (R-IL), and currently has more than 290 cosponsors from both parties.
Upcoming Celebration Event
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