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Social Security is changing in 2023 and there are seven things you need to know lets talk about how your benefits may be impacted first the cola increase will bring your benefits up by 8.7 percent this increase will begin at the turn of the year so you should see that increase reflected in your January payments that are made at the end of December now every year we hear from frustrated seniors and others who are worried that they are going to be hurt more than they are helped by that annual Cola increase a lot of times increases in Social Security payments results in an increase in medicare premiums and a decrease in food benefits and other things in the big picture this can really hurt people who rely on these programs to make ends meet thats why Im thrilled that the second change were seeing this year is that medicare premiums are going down the standard medicare premiums are dropping by three percent going into 2023 and according to Forbes this is the first time that the standa
