The cost-of-living adjustment is announced every year in October, so this is just a preliminary estimate.
Pete Grieve is a Reporter at various esteemed publications including Spectrum News 1 and the Richmond Times-Dispatch. He specializes in finance, personal finance, and sports, covering topics such as credit health, debt management, and retirement planning, alongside commodities markets and international sports leagues. Pete's work has been featured in notable outlets like Yahoo Finance, Money, and WFMZ-TV.