Nation Oct 10 Social Security recipients to get smaller 2.5% benefits boost in 2025 By Fatima Hussein, Associated Press
Politics Oct 09 Social Security is due for another cost of living increase. It ‘won’t make a dent’ for some retirees The annual Social Security and Medicare trustees report in May that the program's trust fund will be unable to pay full benefits beginning in 2035. If the trust fund is depleted, the government will be able to pay only 83%… By Fatima Hussein, Associated Press
Economy Oct 12 Social Security recipients will get over $50 more per month on average in 2024 This year's 8.7 percent benefit increase was brought on by record 40-year-high inflation, which pushed up the price of consumer goods. With inflation easing, the next annual increase is markedly smaller. By Fatima Hussein, Associated Press
Economy Oct 13 Social Security benefits to get historic 8.7 percent boost next year It's welcome news for American retirees and others, but also tempered by the fact that it’s fueled by high inflation that’s raised the cost of everyday living. By Fatima Hussein, Associated Press
Economy Oct 13 Social Security COLA largest in decades as inflation jumps Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. By Ricardo Alonso-Zaldivar, The Associated Press, Christopher Rugaber, Associated Press
Oct 10 Seniors will get modest cost-of-living increase from Social Security in 2020 By Ricardo Alonso-Zaldivar, Associated Press Seniors and advocates complain that the inflation yardstick used to determine the annual adjustment doesn't adequately reflect their costs, mainly for health care. Continue reading
Jun 20 McConnell opposes efforts to revive cost-of-living raise for lawmakers By Andrew Taylor, Associated Press Lawmakers are supposed to get an automatic inflationary increase each year but it has been blocked since 2009. Continue reading
Oct 12 The Social Security benefits bump might not translate into a raise for seniors. Here’s why By Gretchen Frazee What will the change mean for your pocketbook? Economics correspondent Paul Solman and columnist Philip Moeller discuss. Continue reading
Nov 18 The surprising news about 2017 Medicare premiums and deductibles you may have missed By Philip Moeller Last week, as the shock and awe over Donald Trump's election victory continued to consume us, Medicare announced roughly 10 percent increases in 2017 rates for many Part B premiums and the program’s annual deductible. This is a very big… Continue reading
Oct 18 Average senior’s Social Security check to increase a measly $4 in 2017 By Philip Moeller Social Security’s annual cost of living adjustment, or COLA, will be only 0.3 percent in 2017. Continue reading