Social Security Benefits Increase in 2023

January 9, 2023 | By Kimberly A. Slimbaugh, Esq.
Social Security Benefits Increase in 2023

2023 cola adjustment social security benefits increase in 2023 retired couple smiling

Social Security and Supplemental Security Income benefits have increased by 8.7% in 2023. The annual Cost-of-Living Adjustment (COLA) is tied to the increase in the Consumer Price Index as determined by the Department of Labor's Bureau of Labor Statistics. This measure is designed to help offset higher costs of living for recipients of SSD and SSI. If you'd like assistance making a claim or submitting an application for Social Security Disability, contact MCV Law today.

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Kimberly A. Slimbaugh, Esq. Author Image

Kimberly A. Slimbaugh, Esq.

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Kimberly Slimbaugh’s practice is dedicated to disabled workers, individuals, and families seeking to acquire Social Security Disability Benefits and Veterans Disability Benefits.

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