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COLA Watch, 2023 Edition. An expected announcement date.
The airwaves continued to be pummeled by forecasts of a substantial cost-of-living adjustment (COLA) for Social Security beneficiaries in January, along with a few that caution against expecting too much. In any event, The Motley Fool’s Sean Williams puts a chronological stake in the ground for those holding their breath. As his article posted on crossroadstoday.com notes, “According to the BLS Consumer Price Index release schedule, September’s inflation data will be announced on Oct. 13, 2022, at 8:30 a.m. ET. ” Williams’ article provides additional background on the intriguing COLA issue, so check it out here…