What is the CPI-W, and Why Does it Matter?

If you have looked into Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) it is possible you may have heard of the CPI-W. In fact, the CPI-W is essential for understanding how much you are likely to receive from your SSDI or SSI payments. But what exactly is the CPI-W, and why might it matter to you as an SSDI or SSI recipient?

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Social Security COLA Set to Be Nearly 9% in 2023

The Social Security Administration (SSA) has announced that the Cost of Living Adjustment (COLA) for Social Security benefits will be nearly 9% in 2023, the largest increase in Social Security benefits in 40 years. This even outpaces the 2022 COLA adjustment of 5.9%, which had been itself record-breaking at the time. Unfortunately, this adjustment is a reflection of rising prices that have made things more difficult for Social Security beneficiaries in the past year.

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Main Office

Additional Locations

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Suite 202
Riverhead, NY 11901

(Opposite Social Security Office)

75 S Broadway
4th Floor
White Plains, NY 10601

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