Social Security is going to change in 2023. Social Security benefits will increase by more than $140 per month. Social Security COLA will take 8.7% jump. Here is all about 7 Biggest Modifications Arriving In 2023 

Social security COLA will take jump of 8.7% in 2023. It will be highest jump in 41 years

This 8.7% cost-of-living increase will take effect from Jan 2023

Social Security beneficiaries will get their first increased checks in January 2023 

Maximum Social Security benefit will increase from $3,345 to $3,627 in 2023, 

Maximum taxable earnings cap will increase from $147,000 to $160,200 in 2023.

Average monthly SSDI (Social Security Disability Insurance) benefit will increase to $1,483 in 2023

It means Social Security benefits will go up to more than $140 per month in 2023