Social Security Benefit Statements and the 8.7% COLA Adjustment
Feb 01, 2023Have the benefits on the Social Security statement been adjusted for the 8.7% COLA?
Yes, the Social Security benefit statements have been adjusted to include the most recent 8.7% Cost of Living Adjustment (COLA). This means that the benefit amounts shown on the statements reflect the increase provided by the COLA, ensuring that beneficiaries see the updated figures in their future payments.
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