COLA
What’s ahead in 2019 for Social Security?
From the largest cost-of-living adjustment in seven years to a bump in Medicare Part B premiums, there’s a new set of numbers to be factored into the 2019 Social Security year. The Motley Fool’s Todd Campbell takes a look at eight…
Social Security and the Poverty Problem
In the wake of the recently-announced 2019 Social Security cost-of-living adjustment (COLA), many seniors are breathing a sigh of relief over the largest increase in seven years. But while that’s a good thing, MarketWatch columnist Paul Brandus, in a post on www.marketwatch.com,…
A Quick Look at the New Numbers for 2019
The Motley Fool’s Sean Williams, in a post yesterday on www.fool.com, takes a look at recently-announced 2019 COLA decision, and takes a look at the payroll tax numbers projected for next year. Interestingly, his article touches on the oft-repeated question of…
Brace for the all important COLA announcement October 11
Over 62 million people receive Social Security benefits, of which more than 43 million are retired workers. Over 60 percent of retirees are reliant on Social Security for a majority of their monthly income, and 1/3 depend on their checks for virtually all of their income (90…
New Online Social Security COLA Notices
(Source – Social Security Administration) We are constantly expanding our online services to give you freedom and control when doing business with us. Our new online cost-of-living adjustment (COLA) notices are another example of our commitment in this area. Later…
COLA Watch – 2.8% Looking More Certain, But…
It’s looking more and more like the 2019 cost-of-living adjustment (COLA) for Social Security beneficiaries will land at 2.8%. Yes, that’s the largest since 2012 and yes, it’s 40% higher that the 2018 adjustment. But as MarketWatch reporter Alessandra Malito points…
Chained CPI: Taking a Look at the (Fuzzy) Math
It’s a not a new concept, but it just keeps coming around for discussion–the shift away from CPI-W for Social Security cost-of-living calculations in favor of a “Chained CPI” approach. As you’ll recall, the logic behind this proposal is that…
COLA Watch: Some Ups and Downs, Maybe?
While some news accounts are predicting Social Security cost of living adjustments (COLAs) in the 3% range for 2019–highest since 2012–others are discussing the potential for a drop in certain Medicare premium rates. In the coming days and weeks, we’ll see…
Social Security COLA Watch – A Six-Year High?
USA Today’s Karl Gelles, in a post on www.usatoday.com, offers COLA watchers some new excitement: The highest cost-of-lving adjustment since 2012 may be on the horizon. It all depends on the August and September, but there’s even the possibility that a 3%…
COLA: A Look at the Impact of Using CPI-E
As we near the time of the year when Social Security publishes its cost-of-living adjustment (COLA) for next year, we hear more and more about how this adjustment is calculated and what it means for seniors’ ability to keep pace…