Senior advocates and some politicians talk about the need to change the measure used to calculate the Social Security COLA from the CPI-W to CPI
Pandering, misleading, short-sighted, fiscally irresponsible politicians in action. House lawmakers are proposing emergency legislation to increase the 2021 Social Security cost-of-living adjustment to 3%. The
Based on just released CPI data, the 2021 COLA will be 1.3%. Here’s the calculation using the CPI -W 253.412-250.199/250.199 X 100 = (adjusted to
Let me first say, I don’t buy this prediction. How badly is COVID-19 hurting Americans on the cusp of retirement? Maybe worse than we thought.
“People are getting angry,” she says. “These low COLAs aren’t anywhere near what they need to be.” Mary Johnson, a Social Security and Medicare policy
We all know that the longer you wait to start collecting Social Security the higher your benefit will be because for every month you delay