2023 Social Security COLA – Lower Than Expected

August 10th, 2022 was the first release of the inflation reports that will determine the 2023 cost of living adjustment for Social Security. And as I expected…inflation went down but not as much as it could have. So today, I want to take a few minutes and dissect this a little and tell you why this report was lower than last month and what we can expect in the next two months.

– Explained by Devin Carroll, RSSA

 

 

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