2023 Cola Projection
The social security cola for 2023 is 8.7%. But we at nora bring a harsh dose of realism to balance out this joyous moment. We provided our first 2023 cola projection update last july. Analysts are raising the possibility the 2023 cola could reach 8 percent.
As recently as last year the cola was only 1.3%. Veterans receive different pay rates depending on the type and number of dependents. Analysts are raising the possibility the 2023 cola could reach 8 percent. To determine your 2023 rates, see the 2023 va disability pay.