Social Security's Biggest Announcement of the Year Is Less Than 1 Month Away. Here's What to Expect
Some big changes to the program may be in store.
Overview
When it comes to retirement finances, October is often an important month. Not only does Medicare's annual open enrollment period begin, but it's also when the Social Security Administration (SSA) typically announces an official cost-of-living adjustment (COLA) for the new year.
At this point, we're less than one month away from that news. Social Security COLAs are based on third-quarter inflation data. And September's Consumer Price Index is expected to be released on Oct. 14.
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Originally published at www.fool.com.
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