A big month is coming up for Social Security beneficiaries in October.

This is the time when COLAs are announced based on Q3 data. The new cost-of-living adjustment is a topic that we here at NORA are heavily invested in just as we know our readers are.

We’d like your feedback! What are your predictions for the COLA? Will factors like inflation and rising prices drive benefits up to historic gains? Or will deficits and spending overload leave Social Security recipients at a loss?

Share your thoughts in the comments about what you think the future of the program will hold and what news we’ll get in October. We’ll provide our own outlook in the weeks leading up to the big day, and we will also mention the predictions our readers share with us as well.

Let us know what you think! Don’t forget to follow us on Facebook and Twitter for more news about the 2023 Social Security COLA as it develops.