Netspend 2023 Calendar
Netspend 2023 Calendar – COLA stands for Cost of Living Adjustment. This is an inflation-based increase distributed annually to all Social Security and Supplemental Security Income (SSI) recipients.
The Social Security Administration (SSA) will announce the official 2023 COLA in October 2022. Before that date, several groups prepare the retirement community by analyzing inflation trends and forecasting the next COLA.
Netspend 2023 Calendar
Inflation in July, August, and September 2022 will determine the COLA Social Security and SSI recipients receive next year. The COLA will be effective from December, and updated benefits will be available from January 2023.
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If the COLA were to increase by 10% or more, it would be the third largest increase since the COLA began in 1975. The highest and second highest COLAs were 14.3% in 1980 and 11.2% in 1981 [CB3].
The COLA calculation is based on changes in the Consumer Price Index, also known as CPI-W, for urban and office workers. Like other measures of inflation, the CPI-W is calculated monthly by the Bureau of Labor Statistics.
The SSA calculates the average CPI-W for the third quarter, July, August, and September of each year. The average is then compared with the previous year's figure. If the current year's average is higher, the percentage increase is COLA.
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For example, the CPI-W for the third quarter of 2021 was 268,421. Last year's average was 253,412. The percentage difference was 5.9%, which became the COLA for 2022. Social Security and SSI recipients will have their benefits increased by that percentage in January 2022.
Although the 2023 Social Security COLA may be historically high, Medicare enrollees may see lower premiums next year. This will be a welcome development for the millions of seniors who accepted a 14.5 percent increase in Medicare Part B premiums in early 2022.
The planned premium reduction for 2023 will correct last year's large increase. The 2022 award was based on the estimated cost of Aduhelm, a new Alzheimer's drug developed by Biogen [CB4]. Actual Medicare costs for drugs were much lower than originally expected. The Centers for Medicare and Medicaid Services recommended that these cost savings be passed on to seniors by reducing premiums in 2023 [CB5].
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In a more typical year, the Social Security COLA represents a large increase in Medicare premiums. By law, Medicare Part B premiums cannot exceed the COLA in the same year [CB6].
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Invest better with The Motley Fool. Get stock tips, portfolio guides and more from The Motley Fool's Premium Services. The 2022/23 Premier League season will be unlike any other. The mid-season break to make room on the 2022 World Cup calendar means the ambitions of the likes of Manchester City, Liverpool and Chelsea will be put on hold as their players represent their countries in Qatar.
It remains unclear what impact the break will have on the Premier League title race, but it adds another interesting element to what could be a fierce battle.
Last season, two teams battled for the title, but the chasing team lagged behind. So it's no wonder the bookies believe we're in for another two-horse race this time around.
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There are six teams with scores of +3500 or less, suggesting that the Premier League title race includes more potential rivals than similar battles in La Liga, Bundesliga, Ligue 1 and Serie A.
The 2022/23 Premier League Winner's Cup is presented by BetMGM. Click on the links in the table below to access the bookmaker, register and place bets. Check here to see if sports betting is legal in your country.
Pep Guardiola's side have finished first in four of the last five seasons and the signing of Erling Haaland means they have a genuine goalscorer in charge this term. City are still the team to beat.
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Liverpool are likely to push them close like they did last time. The Reds have indeed swapped Sadio Mane for Darwin Nunez and it will be interesting to see if that turns out to be an upgrade or a demotion.
Tottenham Hotspur could be a threat under the top management of Antonio Conte, and Chelsea should not be written off as the Todd Boehly era gets off to a strong start.
To check out more betting options available to you for the 2022/23 Premier League season, be sure to check out our guide on how to bet on football.
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Manchester City is the current Premier League title holder. In the 2021/22 season they collected 93 points with 29 wins, six draws and three losses.
City finished one point ahead of second-placed Liverpool. It was a close race when the Reds overcame City in 2022, but Pep Guardiola's side held off their nearest rivals to claim another title.
Manchester United is the most successful team in Premier League history. Each of their 13 victories was managed by Alex Ferguson, widely regarded as the greatest British football manager of all time.
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Manchester City finished second ahead of Chelsea, while 3 clubs – Blackburn, Leicester and Liverpool – lifted the trophy once.
The Premier League was founded in 1992. 22 of the most important clubs in English football broke away from the Football Association, but in sporting terms it was a re-establishment of the first league, which began in 1888.
If we consider the pre-Premier League era, the above clubs have won the most titles so far. Manchester United are still in the lead but Liverpool are the big stars: 18 out of 19 club leagues before the start of the Premier League.
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Clubs such as Sunderland, Newcastle United and Sheffield Wednesday have not won the title since 1936, 1927 and 1930 respectively, but are still in the top 10.
In the same period, five teams won the La Liga championship in Spain, six teams won the Bundesliga championship in Germany, and five teams won the Serie A championship in Italy.
The Premier League was known as the Premiership between 1993 and 2007 for sponsorship reasons. Since then it has been called the Premier League.
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The winners of the Premier League title will receive the Premier League trophy. There are actually two trophies. One will keep the Premier League in their grasp, and one will stay with the reigning champions for the rest of the season. The new championship winners receive the trophy after one match, usually at their home ground.
The winners of the championship will also receive 40 commemorative medals. Any player who has played at least five Premier League games that season will receive one. The balance may be divided by the management and other officers as the club sees fit.
The Premier League is not a single-elimination tournament, nor does it use the play-off system popular in the United States. This means there is no "Premier League final": the winner of the title is simply the team with the most points over the course of the season, and is therefore equivalent to the MLS Supporters' Shield award.
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There is no set date to announce the winner of the Premier League title. Confirmation comes when the team in first place can no longer climb the table.
American football fans can watch the Premier League on NBC, Peacock Premium and fuboTV. Starts typically range from 7:30 am to 3:00 pm (EDT).
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