News
If I Could Tell All Retirees 1 Thing About Social Security Right Now, It's This
1+ day, 9+ hour ago (591+ words) The majority of retirees depend on their benefits for a significant chunk of their income. Between inflation and potential benefit cuts, Social Security isn't going as far as it used to. It's wise for retirees to start taking steps now…...
The Good News Is Your Social Security COLA Is Beating Inflation. The Bad News Is That May Not Last.
1+ week, 3+ day ago (506+ words) The Senior Citizens League estimates the 2027 COLA will be 3. 9%. While that's higher than the current inflation rate, history suggests it likely won't be enough. Benefit cuts could also be coming sooner than expected, throwing another wrench into many retirees' plans....
Senior Groups Suggest a Better Way to Determine Social Security Cost-of-Living Adjustments
4+ mon, 3+ day ago (425+ words) Groups like The Senior Citizens League are calling for Congress to change how COLAs are determined. The index currently used to set increases is based on the way people still in the workforce spend money. The proposed index is based…...