Browsing Tag
Inflation
90 posts
5 Ways Inflation is Changing Retirement Planning
GOBankingRates survey finds 3 in 4 Americans say inflation is impacting how they save and plan for retirement. Here’s what they’re doing
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
New Bill Seeks to Abolish Tax on Social Security Benefits
House legislation proposed by Rep. Angie Craig (D-MN) would pay for the change by raising cap on payroll taxes
Inflation be Damned, One Generation Sticking with 401k Contributions More than Others
While curbing discretionary spending as a result of inflation, new State Street research finds far fewer Gen Xers are cutting retirement savings rates than Millennials or Boomers
Two Top Reasons Retirees May Rejoin the Workforce
Many worry age could be a barrier to coming back, but the promise of remote work makes the prospect of unretiring more appealing
4 Inflation-Fighting Considerations in 401k Plans
Investors need to combat inflation’s eroding impact on portfolios while also generating income
Latest 2023 Social Security COLA Estimate Drops
Today’s July Consumer Price Index report leads The Senior Citizens League to lower its latest cost of living adjustment estimate back into single digits, but it would still be biggest increase since 1981
Few Workers Today Think They’ll Retire When They Want
FinanceBuzz survey finds market volatility changing Americans’ retirement behaviors and outlook
Americans Raid Savings to Cover Increasing Costs
Though confidence has declined, a majority expect their retirement savings to last their whole lives
Manchin’s Surprise Reconciliation Deal: Big Corps, Wealthy Pick Up Tab
A 15% corporate minimum tax, increased IRS enforcement and taxing unrealized capital gains expected to pay lion’s share of $433 billion tab