Browsing Tag
Cost-of-Living-Adjustment (COLA)
80 posts
Medicare Premiums Growing Twice as Fast as Social Security COLA
As CMS announces 2025 Medicare premiums and deductibles, new analysis finds Medicare Part B costs growing at more than double the rate of the Social Security cost-of-living adjustments
It’s Official: 2025 Social Security COLA Set at 2.5%
Retirement benefits will increase by nearly $50 per month beginning in 2025
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
Action Needed Now on Social Security Reform: GAO
New report explores various options policymakers could employ to shore up program’s troubled finances
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
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
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
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
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
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