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David Lerner Associates: What Is Chained CPI — and Could It Affect You?
You may have heard or read the term “chained CPI” but aren’t sure exactly what it means — or more importantly, whether it’s something that might affect you. Chained CPI made the news headlines recently when it was revealed that President Obama’s 2014 budget includes a provision that would change the way inflation is measured when calculating annual cost-of-living adjustments (or COLAs) for Social Security.

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