annual

As a record 8.7% increase in the Social Security cost of living begins in 2023, here's what recipients should look for in annual statements

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements

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Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements Read More »

Inflation is down. Here's what that means for your annual pay rise

Inflation is down. Here’s what that means for your annual pay rise

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Fizz | Istock | Getty Images Inflation and annual salary are not in a one-to-one relationship. That became clear to many workers last year when their annual merit increases to wages and salaries were nowhere near four-decade highs for inflation. Many employees grumbled, even though the salary was increased by more than had been normal …

Inflation is down. Here’s what that means for your annual pay rise Read More »