Big Changes Are Coming to Social Security in 2023. Here's What Retirees Must Know.

Nearly 90% of retired workers depend on Social Security to some extent, and more than half of those individuals say their monthly benefit represents a major source of income. With that in mind, a couple big changes are coming to Social Security in 2023. To that end, retirees will likely see a massive cost-of-living adjustment (COLA) in 2023.

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