Inflation Pushes Social Security COLA to 8.7% in 2023, Highest Increase in Four Decades

Wall Street Journal, Oct. 13, 2022–Anne Tergesen (subscription)
Social Security checks will be 8.7% bigger in 2023, the largest cost-of-living adjustment to benefits in four decades, the Social Security Administration said Thursday.
https://www.wsj.com/articles/social-security-benefits-to-increase-in-2023-11665665206