Based on the last CPI-W for May, the next COLA may be as low as 1.4% Still a few months to go before it can be finalized. The CPI-W for July, August […]
THOMAS JEFFERSON said, “Honesty is the first chapter in the book of wisdom.” It’s well known that we tend to believe what we want or what fits our preconceived notions. But this […]
Following is a list that is finding its way around social media, it’s not new but it keeps popping up and it is totally bogus. And as you can see, it’s politically […]
Don’t get too excited over the legislative proposals to expand Social Security for FUTURE beneficiaries some increased benefits but . . .
Assuring the long-term sustainability of Social Security should be the first priority. The first screenshot from the Motley Fool shows the current Social Security benefits formula. The AIME is your average indexed […]
A good COLA is good news, but that means the not so good news of higher inflation. If the April CPI-W of 249.332 were used in the COLA calculation, we would see […]