Between inflation and rising fuel prices, it’s no secret that your dollar isn’t going as far as it once did. Today, the Social Security Administration released a figure illustrating how far consumers’ purchasing power has decreased — and how it’s done so in record fashion. The SSA announced that its annual cost-of-living adjustment, or COLA,…
The article Social Security Benefits Will Jump a Historic 8.7% in 2023 originally appeared on NerdWallet.