Retirees On Track For 11.4% Social Security Raise In 2023

“Right now, the latest estimate I’ve seen is a little over 9%,” Shedden said. “It’s a difficult situation for retirees when inflation is increasing as much as it is today. The COLA adjustment is calculated on one moment in time, based on the year before. We all thought the 5.9% increase was pretty high last year, and look what’s happened.” The National Association of Registered Social Security Analysts has trained more than 3,300 advisors and other financial professionals for the Social Security Analyst certification since it was founded in 2017…

Published by Pamela Kweller, RSSA®

Pamela Kweller is the Content & Community Manager at RSSA. She is also certified as a Registered Social Security Analyst®. The mission of RSSA is to help Americans get the maximum Social Security income they have earned, enabling them to enjoy their lives more fully. Contact Pamela: