Social Security
How do I update my client's annual inflation rate?
In the Social Security Timing software you have an option to use the long-term median or you can enter what you like for the annual inflation rate. Our median is a reflection of what the Trustees report sets as the ultimate long-range average annual growth rate in the CPI-W, which was recently set to 2.7%. Read the full report here. Our software has been updated accordingly.
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