The Social Security Administration announced 8.7% increase in benefits for 2023, on Thursday. Now everyone wants to know that the can See this increase to their Checks. Here is answer
This increase will be an additional $145 in the average monthly Social Security check.
Social Security COLA foe 2023 goes into effect with December 2022
This benefit will appear in checks in January 2023. In next slide you can get exact date.
if you were born from the 1st to 10th of the month, your benefits are paid on Jan. 11, 2023.
if your birthday falls between the 11th and 20th of the month, you get your check on Jan. 18
Those born between the 21st to end of the month receive benefits on Jan. 25 in 2023.
you will receive letters through the month of December detailing your benefit rate for 2023