Tag Archive | "Social Security"

retirement Social Security, medicare, social security

Why Social Security Checks Are About To Get A Lot Bigger

The U.S. government announced Thursday that Social Security beneficiaries will see an 8.7 percent increase in monthly payments this upcoming year, the largest increase in four decades.

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Social Security Expansion Act: Good Bottom Line For Retirees

It is fortunate for us that U.S. Senators Bernie Sanders, D-VT, and Elizabeth Warren, D-Mass., are persistent advocates. These lawmakers have introduced their latest version of a bill to expand the Social Security program.

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retirement Social Security, medicare, social security

Go-Broke Dates Pushed Back For Social Security, Medicare

A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.

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Social Security COLA Largest In Decades

Millions of retirees on Social Security will get a 5.9 percent 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.

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Social Security Insolvency Up A Year Due To COVID Recession

The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation’s bedrock retirement programs.

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Birthday Milestones That Can Affect Your Finances

You hit a lot of milestone birthdays when you’re young. There’s your first birthday, of course, and also the one where you turn 10 (finally, double digits!). At 13, you’re a teenager.

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