The less you earn, the greater percentage of your pre-retirement income will be replaced by Social Security. It’s designed that way; to provide a higher proportional benefit to lower income Americans. You […]
The CPI-W for January 2018 was 241.919, and for February 2018 it was 242.988 Both are a significant increase over the previous months. It is also significantly higher than the 2017 benchmark […]
Since 1995 the Social Security COLA has increased each dollar of benefit from $1.00 to $1.60. Since 1995 the CPI has increased at the same rate. In addition if you look at […]
Many seniors and their advocates say using the Consumer Price Index for the Elderly (CPI-E) is a better measure than the CPI-W which is the current measure. Better be careful what you […]
MONTPELIER — Sen. Patrick Leahy and Sen. Bernie Sanders have joined 18 Senate Democrats in seeking a one-time payment for seniors on Social Security in place of the absent cost-of-living increase. The […]
