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A Case for Using the CPI-E to Calculate COLA
In an article posted on www.fool.com, The Motley Fool’s Sean Williams takes a look at the impact that use of the Consumer Price Index for the Elderly (CPI-E) rather than the CPI-W could have in calculating cost-of-living adjustments (COLA) for Social Security beneficiaries. His analysis suggests that use of CPI-E could produce an average increase of 8.9% in annual benefits for seniors. Read his article here…
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