Outlook is Decent For a 2017 COLA
The latest CPI data from August, released by the BLS on September 16, allows for an optimistic view for retirees.
“The CPI-W rose 0.1 percent in August, and the index has increased 0.7 percent over the last 12 months to an index level of 234.909.
Why does that matter? Because it’s slightly more than the average for the third quarter of 2014 (234.242), which is an important component in the COLA equation.”
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