Social Security update: Here are seven changes to benefits that were made for 2023

By Misty Severi

Published May 18, 2023 6:54pm ET

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Social Security update: Here are seven changes to benefits that were made for 2023 — The Social Security Administration makes changes to benefits for retirees every October, which go into effect the following year. The changes often include a cost-of-living adjustment (COLA) to their checks, a rise in the maximum earnings subject to the Social Security tax, and an increase in disability benefits, among other things. Here are seven changes […]

The Social Security Administration makes changes to benefits for retirees every October, which go into effect the following year.

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Money Retirement Social Security Social Security Administration