Social Security increase dates announced!

• The Social Security Administration is expected to announce the cost-of-living adjustment (COLA) for 2023 on Oct. 13.

• It could be the biggest COLA adjustment in years to account for surging inflation.

Make sure to tune in

While it could vary by a day or two, the SSA is expected to announce this COLA adjustment on Oct. 13. Even if the adjustment was just 9.1%, that would still be 3.2 percentage points higher than last year's COLA, which was the largest COLA adjustment since at least 2009.