WASHINGTON (AP) — Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023.
That’s a historic increase and welcome news for American retirees and others — but it’s tempered by the fact that it’s fueled by record high inflation that’s raised the cost of everyday living. that means the average recipient will receive more than $140 a month extra beginning in January. The cost-of living adjustment is meant to help cover the higher cost of food, fuel and other goods and services.
How well it does that depends on inflation next year.
Source: AP – All contents copyright 2022 Associated Press. All rights reserved.
Delaware State Police are investigating a fatal motor vehicle collision involving a pedestrian that occurred in the Laurel area on Tuesday night. On October 11, 2022, at approximately 9:45 p.m., a 2011 Chevrolet Malibu, operated by a 17-year-old female was traveling northbound in the left lane of Sussex Highway (Route 13) just south of Chipmans Lane. At the time, a 36-year-old male pedestrian of Laurel, DE was also in the […]
