News
The Good News Is Your Social Security COLA Is Beating Inflation. The Bad News Is That May Not Last.
4+ day, 2+ hour 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....
Symbols: btc-usd
Senior Groups Suggest a Better Way to Determine Social Security Cost-of-Living Adjustments
3+ mon, 4+ week 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…...
Symbols: cola