Inflation was 2.9 percent in August, says the Bureau of Labor Statistics. September's number will determine 2019's Social Security COLA increase. (Photo: Shutterstock)
Social Security's beneficiaries can expect a bump in benefits in 2019, courtesy of a Cost of Living Adjustment, which will be formally announced October 11.
Social Security COLAs reflect inflation rates and are based on third quarter measurements of the Consumer Price Index for Urban Wage Earners and Clerical Workers, or the CPI-W.
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