Significant Changes for Social Security Retirees on October 15

Retirees should note key Social Security dates, particularly payment days which fall on the second, third, or fourth Wednesday of each month based on their birthdays. The most significant annual event is the announcement of the cost-of-living-adjustment (COLA) on October 15, which is determined using inflation data from the Consumer Price Index for Urban Wage Earners (CPI-W) to adjust benefits for inflation.

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