Browsing Tag
Mary Johnson
9 posts
It’s Official: 2025 Social Security COLA Set at 2.5%
Retirement benefits will increase by nearly $50 per month beginning in 2025
October 10, 2024
COLA Conundrum: 80% of Retirees Want Better Inflation Protection
Survey finds most seniors want Social Security cost of living adjustment based on index that closer tracks costs of households 62 and older
October 16, 2023
2024 Medicare Part B Premium Increase: 6%
CMS releases next year’s premium unexpectedly early, and good news: it’s lower than feared
October 13, 2023
Official 2024 Social Security COLA Announcement Set for Oct. 12
Final forecast predicted 3.2% raise which would be less than half of 2023’s inflation-fueled 8.7% bump
October 5, 2023
New Inflation Data Shows 2024 Social Security COLA Still Headed Below 3%
Latest forecast for next year’s cost of living adjustment stays below 3%, which would be significantly below this year’s 8.7% increase
April 12, 2023
Social Security Trust Fund Projected to be Depleted in a Decade
2023 Social Security Board of Trustees Annual Report projects nearly 25% benefit cut by 2033 absent Congressional action
March 31, 2023
2024 Social Security COLA Could Drop Below 3%
Looming recession could mean next year’s cost-of-living adjustment will fall well short of this year’s historic 8.7% raise
March 14, 2023
Inflation Moderating, But Will Social Security Recipients Catch Up?
New analysis from The Senior Citizens League finds the average Social Security benefit has fallen short of inflation by more than $1,050 since the start of the pandemic
January 12, 2023
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
August 10, 2022