What To Know About The Social Security Cost-Of-Living Adjustment

FILE - The U.S. Social Security Administration office is seen in Mount Prospect, Ill., Oct. 12, 2022. About 71 million people including retirees, disabled people and children receive Social Security benefits. (AP Photo/Nam Y. Huh, File)
NEW YORK (AP) — Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is…