Browsing Tag
Cost-of-Living-Adjustment (COLA)
79 posts
2025 Social Security COLA Falls Once Again
Both analyses from The Senior Citizens League and retired analyst Mary Johnson predict a 2.5% cost of living adjustment
September 11, 2024
Social Security Trust Funds will be Exhausted by FY 2034: CBO
Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action
August 30, 2024
Action Needed Now on Social Security Reform: GAO
New report explores various options policymakers could employ to shore up program’s troubled finances
August 9, 2024
Social Security Buying Power Down 20% Since 2010
The Senior Citizens League finds seniors would need an additional $370 per month to keep up with inflation
August 5, 2024
2 Ways a Harris Presidency Could Impact Social Security
If the newly anointed Democratic candidate Kamala Harris were to defeat former President Donald Trump in November, a push for these two changes seem the most likely—and potentially impactful
July 23, 2024
2025 401(k) Contribution Limit Forecast: $1,000 Increase on Tap?
Milliman’s latest update shows elective deferral limit expected to increase to $24,000
June 18, 2024
Saving Social Security (Without Eliminating 401(k) Tax Advantages)
New brief from The Conference Board offers series of steps to shore up the program’s troubled finances
February 20, 2024
Long-Term Inflation Forecast Sees 2025 with Lowest Social Security COLA Since 2020
The Senior Citizen’s League says early indications show next year’s increase could fall well below this year’s 3.2% raise
January 18, 2024
Haley Doubles Down on Raising Social Security Retirement Age for Younger Americans
During Wednesday’s Republican debate with Ron DeSantis, presidential candidate reiterates need to raise full retirement age for those in their 20s and younger
January 11, 2024
7 Key Social Security Metrics for 2024
Changes mean higher benefits, higher taxable limits
January 5, 2024