Social Security payment adjustment to be announced Wednesday

10/24/2013 | InvestmentNews (free registration)

The Social Security Administration is scheduled to make public its cost-of-living adjustment for benefit payments on Wednesday after the Bureau of Labor Statistics releases its Consumer Price Index report for September. "We usually send out our COLA press release shortly after the CPI is announced by BLS in the morning," said Social Security spokeswoman Kia Anderson.

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