Navigation As the cost of living in the U.S. continues to rise, 71 million Social Security beneficiaries across the nation still need to make ends meet. That’s why there’s the Cost-of-Living Adjustment (COLA) at the end of every year to increase Social Security checks to combat inflation and ensure beneficiaries’ financial stability for the coming year. […]
Posts Tagged 'NC social security disability lawyers'
Cost-of-Living Adjustment (COLA) Announced for 2023
Every fall, the Social Security Administration (SSA) announces a cost-of-living adjustment (COLA) for Social Security payments for the following year. COLA is designed to ensure that beneficiaries don’t lose their financial security due to inflation and the rapidly rising cost of consumer goods and services in the United States. Recently, the SSA announced that the […]