Obama Talks Social Security
Obama showed concern for the millions affected by the recent ruling of there being no COLA increase for the next year. He has been talking with congress about a possible change to resolve this issue, saying that the consequences were unintended. The COLA ruling is currently tied to a formula that many think does not accurately portray the inflation rates in the country and this is what Obama has been discussing with congress. For more information on this visit this article by Reuters on CNBC.com.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.