Browsing Tag
Social Security
396 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Social Security COLA Estimate Rises Again on Inflation Fears
Citing higher gasoline prices and sharply rising inflation overall, The Senior Citizens League (TSCL) has updated its estimate…
Biden Fires Social Security Commissioner Saul
Biden fires Social Security chief after refusal to resign, naming Kilolo Kijakazi as acting commissioner amid policy shifts.
‘Fair COLA for Seniors Act of 2021’ Introduced in House
Social Security COLA change could boost benefits by using CPI-E, reflecting real senior expenses for fair cost-of-living increases.
‘Know Your Social Security Act’ Introduced in Congress
Congress enacted requirements in 1989 and 1990 for Social Security statements to be sent annually, but it’s fallen…
Nearly Half of Workers Unsure When They Will Claim Social Security
Americans appear to be conflicted when it comes to collecting Social Security while many are also struggling to…
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.…
Retirees Happier in Retirement than Non-retirees Imagine
Non-retirees' worst fears about life in retirement may not play out the way they think, if retirees' actual experiences are any guide.
2022 Social Security COLA on Pace for Biggest Increase Since 2009
Based on consumer price index data through April 2021, it appears that the 2022 Social Security cost of…
‘Exploding’ Inflation Stressing Seniors Hampered by Tiny Social Security COLA
While skyrocketing lumber prices might not impact a significant percentage of retirees, fast-rising prices of many other goods…
‘Financial Wellness Membership’ Targets Boomers
Silvur launches first-of-its-kind “financial wellness membership” via an app for the modern Boomer retiree in a post-pension world.