Browsing Tag
Consumer Price Index (CPI)
9 posts
Competing for those 401k Dollars: Rising Consumer Costs
Increasing costs for housing, automobiles and groceries coupled with surges in consumer credit card and student loan debt put increased pressure on 401k participants
What They’re Saying: Reaction to Today’s 8.7% Social Security COLA Announcement
The raise is historic, but reaction focuses largely on how the cost-of-living adjustment is calculated
Final 2023 Social Security COLA Estimate Before the Real Thing: 8.7%
The Senior Citizens League’s final projection is down nearly 1% from its previous estimate as new CPI data shows inflation continues to slow. The official 2023 cost-of-living adjustment will be released Oct. 13
2023 401(k) Contribution Limits: ‘Unprecedented’ Increase Projected
Mercer is projecting a record $2,000 bump in the IRS qualified retirement plan contribution limit thanks to this year’s high inflation rate
High June Inflation Leads to Double-Digit Social Security COLA Prediction
If estimate holds true, next year’s cost-of-living adjustment on track to be second largest in history
Major 2023 401(k) Contribution Limit Jump Predicted
Thanks to inflation, estimates in Milliman's “2023 IRS Limits Forecast – May” show significant increases in IRS contribution limits for retirement plans are likely
Latest 2023 Social Security COLA Estimate Holds Steady (and Still Huge)
As today’s new Consumer Price Index report shows inflation accelerated further in May, The Senior Citizens League keeps its forecast for next year’s cost-of-living adjustment steady, which would still be the highest in 40 years
Social Security Benefits Lose 40% of Buying Power Since 2000; Latest 2023 COLA Estimate Drops
Slight tempering of inflation reported in today’s new Consumer Price Index data results in a slightly lower estimate for next year’s cost of living adjustment
Social Security COLA Estimates Rise Sharply on Inflation News
The U.S. Bureau of Labor Statistics released the latest Consumer Price Index (CPI) and—as expected—it reflected increasing inflation.…