There Could Be a Record High Social Security Cost-Of-Living Adjustment in 2023, But It's Not Set in Stone: 3 Things to Watch

Indonesia Berita Berita

There Could Be a Record High Social Security Cost-Of-Living Adjustment in 2023, But It's Not Set in Stone: 3 Things to Watch
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An 8.7% Social Security cost-of-living adjustment could be possible in 2023, according to a new estimate based on government inflation data released on Tuesday.

The Social Security cost-of-living adjustment for 2023 could be 8.7%, according to a new estimate from The Senior Citizens League.

There is still one more month before the official adjustment is announced. Here are three factors that could affect next year's increase.

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