Social Security Announces 8.7 Percent Benefit Increase for 2023

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Article Publication Date: 
10/13/2022
Summary: 
On October 13, 2022 the Social Security Administration announced an 8.7 percent cost-of-living increase in 2023 Social Security and Supplemental Security Income (SSI) benefits – the largest in over 40 years. Approximately 70 million people will see an increase in their Social Security benefits next year.
Topics: 
Populations: 
Advocates; Aging/Older Adults
Sources: 
Programs/Initiatives: 
Keywords: 
Human Services

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Short URL: http://www.advancingstates.org/node/74167