How will boosting Social Security benefits impact Wisconsinites?

By: CBS 58 Newsroom

Posted: Nov 17, 2022 8:43 AM CDT | Updated: Nov 17, 2022 10:04 AM CDT

NOW: How will boosting Social Security benefits impact Wisconsinites?

MILWAUKEE (CBS 58) -- The Social Security Administration has announced an increase to benefits starting in 2023, while inflation remains at an all-time high.

What do Wisconsinites need to know about the change and how this impacts preparing for retirement?

To discuss details, we were joined by local financial professional Tom Neumann from Drake & Associates on Thursday, Nov. 17.