Social Security benefits to rise by record amount in 2023: Check how much money you could receive
The Social Security Administration announced earlier this month that benefits are set to increase by 8.7%, the highest in 40 years as retirees face high inflation.
Social Security increase 2023: What does it mean for retirees?
Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.
Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?
The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.
Social Security benefits forecast revised for 2023 as inflation eases
Social Security benefits are expected to increase in 2023, but could be less than previously forecasted, according to The Senior Citizens League. Here's how much of an increase retirees could see in 2023.
Affordable Care Act health-plan premiums set to rise
The prices for health-insurance plans under the Affordable Care Act, also known as Obamacare, are set to rise as inflation drives up the cost of labor and supplies.
Social Security accelerates decision-making process for those with severe disabilities
The Social Security Administration announced 12 new conditions that will receive a quick decision on disability benefits.
Social Security benefits could increase at decades-high rate in 2023: The Senior Citizens League
Social Security benefits will likely increase next year as inflation fluctuates, according to the latest forecast from The Senior Citizens League.
Inflation could give Social Security recipients a $1,900 increase next year
Scorching-hot inflation is set to give Social Security recipients a huge cost-of-living increase next year, with benefits expected to rise by $158 a month.
Social Security says benefits could last longer than it thought
The Social Security Administration said it now expects its funds to last one year longer than it previously forecasted.
Social Security benefits could see higher-than-expected increase in 2023
The Senior Citizens League upped its forecast for the Social Security benefits increase in 2023.
Inflation may hit Social Security recipients twice
Searing-hot inflation could push Social Security recipients into a higher tax bracket as a result of what's likely to be a record-high cost-of-living adjustment.
25% of Americans delaying retirement due to inflation, survey says: Here's how they're offsetting rising costs
More Americans are delaying their retirement amid a loss in savings and high inflation, according to a new survey.
Nearly half of Americans don't expect Social Security to be there when they need it
Many Americans lack confidence that Social Security will be available to them when they need it, according to a new study by Northwestern Mutual.
A closer look at the Social Security Administration's plan to expand access for underserved communities
Social Security released its new Equity Action Plan that will expand access to its services among underserved communities.
Retirees rely the most on Social Security in these cities, study says
Retirees in these U.S. cities rely more heavily on their Social Security income, according to a new study.
Social Security recipients could see biggest cost-of-living raise since 1981
Social Security recipients are on track to receive the biggest cost-of-living raise in four decades as sky-high inflation rapidly diminishes the buying power of retired Americans.
Soaring inflation continues to erode Social Security purchasing power, expert says
TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.
43% of seniors grapple with higher debt payments as Fed raises interest rates, survey finds
Social Security benefits may not be sufficient for seniors struggling to keep up with debt payments, according to a new survey from The Senior Citizens League.
Retirement savings plan changes could be coming after House passes new bill
The House of Representatives recently passed a bill that extends the amount of time that Americans have to save for retirement, as well as other changes.
Inflation may lead to 7.6% increase in Social Security benefits next year, analyst says
Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.