Inflation is responsible for the highest Social Security cost-of-living adjustment, or COLA, in decades. But there are quite a few other inflation-related changes coming in 2023, as Certified Financial Planner® Matt Frankel explains in this video.
5 Big Changes to Social Security in 2023
There are more inflation-related changes than the COLA.
By Matt Frankel, CFP – Oct 28, 2022 at 6:21AM EST
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About the Author
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.