The average monthly Social Security income got an8.7% boostfor 2023 due to rising inflation. This Cost of Living Adjustment (COLA) raised the average monthly Social Security payment to $1,827 a month or approximately $22,000 a year. NOTE:The average income for female households 75 and over ...
The TSP finished 2023 with $845 billion on investment, an all-time high. Image: Kuba Kwiatkowski/Shutterstock.com By: FEDweek Staff Strong gains in the stock-based TSP funds in 2023 pushed the average account for federal employees and retirees back to roughly the levels before the losses ...