Browsing Tag
The Senior Citizens League
78 posts
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
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
2022 Social Security COLA Falling Well Short of Inflation
Average monthly benefit check trails inflation rate by 46%, The Senior Citizens League reports
Historic 8.7% Social Security COLA Finalized for 2023
Rising inflation causes highest raise in monthly benefits since 1981; will bump average monthly benefit check by more than $140
Medicare Part B Premiums Will Decrease in 2023: CMS
Rare occurrence is good news for Social Security beneficiaries; President Biden to speak on Medicare and Social Security today
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
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
3 Bills Aiming to Strengthen Social Security: A Closer Look
Democrats currently have a trio of proposed bills under consideration that seek to address inequities and shore up the finances of Social Security
Biden: Today’s Dismal Inflation Report ‘Out of Date’
President also reiterates opposition to any Republican efforts to raise taxes on “working people, or putting Social Security and Medicare on the chopping block every five years”