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2.2% COLA increase in 2018? We really don’t know yet

Yes, the Social Security trustees, in their recently released annual report, did project a 2.2% COLA increase for 2018.  But reality is that COLA is determined annually by measuring a specific Consumer Price Index (CPI-W) in the 3rd quarter of each year which, of course, has not yet completed.  The fact is, we won’t know until October what the result of comparing this year’s 3rd quarter to last year’s 3rd quarter is, and therefore won’t know what the 2018 COLA increase will be until then.  This Seeking Alpha article by contributor “Tipswatch” explains.  Click here to read more.

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