Latest News

Refiguring Inflation Will Hit Retirees’ Income

Earlier this month, President Barack Obama proposed to tweak the formula for calculating the cost-of-living adjustment, or COLA, for Social Security recipients. He wants to tie the adjustment to what’s called the Chained Consumer Price Index, which many believe is a truer reflection of how we spend money during economic swings. But it raises the questions: What’s the difference between a “chained” CPI and the CPI? And how will it affect my benefits? Read more…

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers