7 Changes to Social Security in 2023
Social Security is our nation's most successful retirement program. In 2020, it was responsible for pulling nearly 22.5 million people out of poverty, and according to a recent survey from national pollster Gallup, it is vital to helping just shy of 90% of retirees make ends meet during their golden years.
Social Security is also a program that undergoes changes on a regular basis. During the second week of every October, the Social Security Administration releases a fact sheet detailing the changes that'll impact beneficiaries and the workers paying into the program in the upcoming year. This week marked that pivotal announcement.
What follows are the seven biggest changes to Social Security in 2023.
Source Fool.com
