Social Security benefits may be on table in budget talks
With congressional budget negotiations moving behind closed doors, one item apparently on the table is changing the way cost-of-living adjustments are calculated for seniors, veterans and other recipients of government benefits. The consumer price index, or CPI, is the government’s main gauge of inflation and is used to determine cost-of-living adjustments, often shorthanded as COLAs. It’s a formula used for more than four decades...Read More
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Social Security is starting to really get messed up, but you have great advice on how to manage it, I read an article at http://blog.mutualfundstore.com/retirement/experts-take-on-social-security-questions/ and it sounds really good. I’d suggest looking there for some more info as well. Good job on your post!!