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CPI for All Items Increases 0.5% in June 2013; Gasoline, Shelter, Medical Care, Food All Rise
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before…
Increase Minimum Wage and Consumer Price Index
But buying those products with increased costs would be impossible for those on social security incomes if the chained CPI is adopted. The chained CPI says that when the costs of goods goes up, we look for cheaper substitutes. Cheaper substitutes are …Read More …
A smart startegy for collecting Social Security
Social Security benefits provide a significant proportion of retirement income for most Americans. Federal data shows that the government program provides 50 percent or more of all income for almost two-thirds of retirees, and 90 percent or more of all income for…
Your ‘my Social Security’
This week on For Your Benefit, Lester Austin, public affairs specialist for the Social Security Administration, joins hosts Bob Leins and John Elliott to talk about Social Security and retirement. Find out what benefits you are entitled to by creating a my Social Security account.…
Social Security site for smart phones
The Social Security Administration has a new version of its Web site designed specifically for smartphones. Read more… Notice: The “Read more…” link provided above connects readers to the full text of the posted article. The URL (internet address)…
You’re the boss when it comes to retirement savings
Michael Preston, who is retired, is saving for retirement. The 69-year-old was a professor of English at the University of Colorado at Boulder until the end of last year. His wife, Cathy, 61, plans to retire from her job as a…
ACOEM, ACPM urge adoption of stronger national policies for preventive medicine
The American College of Occupational and Environmental Medicine (ACOEM) and the American College of Preventive Medicine (ACPM) urged the adoption of stronger national policies to encourage preventive medicine – including in the workplace — during a special Congressional briefing Tuesday,…
More and more, grandparents raising their grandkids
Mike Hughes Jr. was a baby when he came to live with his grandparents, Robert and Joannie Hughes, who are the 11-year-old’s legal guardians. Their son, Michael Sr., was killed in a car crash on his way to work two…
Phoebe Venable: Waiting to retire means big increase in Social Security benefits
The Social Security program is just a hair over 75 years old. Its aim has remained the same since its inception: alleviate the rampant poverty that affects millions of retirees and elderly persons every year. Baby boomers are nearing the age when…
How will Amnesty Impact Social Security? Nobody knows | Tea Party
One of the key selling points for amnesty is an alleged positive benefit for Social Security. Media Matters, the Center for American Progress, Senator Marco Rubio (R-FL), and Senator Harry Reid (D-NV) are among the prominent figures claiming the Senate’s amnesty bill…