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Social Security Announces 8.7 Percent Benefit Increase for 2023

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.

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

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