benefits

What a record 8.7% Social Security cost-of-living adjustment could mean for taxes on benefits

What a record 8.7% Social Security cost-of-living adjustment could mean for taxes on benefits

Halfpoint | Istock | Getty Images Retirees who rely on Social Security benefits for income will get some relief from record high inflation when an 8.7% cost-of-living adjustment kicks in next year. But two factors — the size of Medicare Part B premiums and taxes on benefits — may offset just how much bigger those …

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Over-The-Counter Hearing Aids: Disability Experts Weigh Benefits And Concerns

Over-The-Counter Hearing Aids: Disability Experts Weigh Benefits And Concerns

The US Food and Drug Administration finalized a ruling Monday that will make hearing aids available over the counter without a prescription or an appointment. It’s a game-changer for many disabled people, who say the ruling will benefit millions of Americans with hearing loss. At the same time, the ruling illuminates barriers to hearing aid …

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Social Security COLA 2023: When Will I See the Increase in Benefits?

Social Security COLA 2023: When Will I See the Increase in Benefits?

Social Security recipients will see an 8.7% increase in their benefits next year, the Social Security Administration announced Thursday. That’s the biggest bump in more than 40 years. The cost of living adjustment, or COLA, has been automated annually since 1975. It’s determined by changes in inflation in the third quarter — in this case, …

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Social Security cost-of-living adjustment rose

Social Security benefits COLA increase 8.7% in 2023

Social Security benefits are set to rise by 8.7% next year – the fourth-biggest increase since automatic inflation adjustments were introduced in 1975. This cost-of-living adjustment, or COLA, will boost the average monthly checks retirees receive in January by $146 to $1,827, the Social Security Administration said Thursday. That builds on last year’s 5.9% COLA …

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Heart Healthy Gut Body Concept

New, Low-Calorie Sweetener May Also Provide Health Benefits

The scientists discovered that the new sweetener elevated the numbers of several beneficial human gut microbes. The study found that the sweetener could also improve your gut health. People adore their sweet treats, as seen by the enormous range of sodas, candies, and baked goods that are sold globally. However, consuming artificial sweeteners or white …

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Social Security's cost-of-living increase for 2023 would be the largest in 40 years.  Here's what that means for benefits

Social Security’s cost-of-living increase for 2023 would be the largest in 40 years. Here’s what that means for benefits

Sollina Images | Tetra Images | Getty Images Retirees who are facing higher prices due to record high inflation may get some welcome news this week when the Social Security Administration announces the cost-of-living adjustment for 2023. The bump to benefits is slated to be announced Thursday along with new consumer price index data for …

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Tom Brady benefits from controversial roughing-the-passer penalty as Buccaneers snap losing streak with win over Falcons |  CNN

Tom Brady benefits from controversial roughing-the-passer penalty as Buccaneers snap losing streak with win over Falcons | CNN

CNN — Tom Brady capped off a tumultuous week for the Tampa Bay Buccaneers in fine fashion, snapping the team’s losing streak with a 21-15 win over the Atlanta Falcons. Sunday’s victory wasn’t without controversy though, as Brady and the Bucs benefited from a controversial roughing-the-passer penalty call late in the game which allowed them …

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Google workers demand equal abortion benefits as state bans go into effect

Google workers demand equal abortion benefits as state bans go into effect

Bambi Okugawa is a data center technician in one of Google’s data centers in a US state with one of the strictest abortion bans in the nation: Tennessee. The state will ban abortions as early as six weeks, with no exceptions for rape or incest, on Aug. 25 due to a “trigger law.” If needed, …

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Scammers switched fake jobs.  Now, they're claiming they're from the Social Security Administration, not the Internal Revenue Service.

Social Security benefits could give retirees an extra $1,800 next year

A bigger inflation-boosted Social Security check and, yes, hope for some relief from high prescription-drug costs are on the horizon. And for many retirees, the relief can’t come quick enough. Inflation is brutal for lower-income consumers, including millions of retirees who don’t have much savings, as the cost of gas, groceries and rent climb. Thanks …

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mature senior couple drinking wine toasting celebrating POC

You Can Make More Money by Claiming Social Security Benefits at 62. Here’s How | The Motley Fool

The amount of Social Security income you’ll receive on a monthly basis depends not only on your income during your working years but also when you claim your benefits. The longer you wait, the more you’ll receive — up until age 70. Your full retirement age or FRA (66 to 67, depending on your birth …

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