The CPI-W for January 2019 is 245.133, lower than December. This means at these rates there will not be a COLA for 2020. The average CPI-W for July, August, September 2018 was […]
2020 Social Security COLA looking doubtful
Social Security recipients; don’t count your chickens moving to the CPI-E
Some advocates and politicians have been arguing for years that the current determinate of the Social Security COLA, the CPI-W is not an accurate reflection of inflation for older Americans. Legislation being […]
Someone Will Pay All Their 2019 Social Security Taxes Today, January 1 🤑 SO WHAT?
Does any of the quote below make sense to you? It shouldn’t because if earnings are not counted for Social Security taxes, they are not counted for Social benefits. If one person […]
Good news 😁 bad news ☹️ for Social Security beneficiaries.
The good news is at this point is inflation is low and trending lower. The bad news is that the CPI-W which is used to calculate the Social Security COLA is trending […]
2020 Social Security COLA ☹️
The SS Trustees long range prediction for the 2020 COLA is 2.6% However, the immediate picture using the October and November CPI-W indicates no COLA in 2020. As the months go by […]
