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Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the
The cost-of living adjustment the largest in more than 40 years means the average recipient will receive more than $140 extra a month beginning in January, the Social Security Administration said…
The cost-of living adjustment — the largest in more than 40 years — means the average recipient will receive more than $140 extra a month beginning in January, the Social Security Administration said Thursday.