COLAs for retirement, Social Security, and health benefits for 2014

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By Milliman Employee Benefits Research Group | 05 November 2013
CAB 13-7: With the release of the September 2013 Consumer Price Index (CPI) by the Bureau of Labor Statistics, the Social Security Administration (SSA) and the IRS have announced cost-of-living adjusted figures for Social Security and retirement plan benefits, respectively, for 2014. The 2014 adjusted figures for high-deductible health plans (HDHPs) and health savings accounts (HSAs) included in this Client Action Bulletin were released by the IRS earlier this year and are provided here for convenience.