Posts tagged ‘COLA’

No COLA for Social Security and its Impact on Some Unlucky Medicare Beneficiaries.

Good luck trying to convince those on fixed incomes there was no inflation in the past year. In 1975, Congress passed into law one of the most important provisions for the Social Security program. It authorized annual cost-of-living allowances, or COLAs, for Social Security benefit recipients based…

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Chained CPI – We’re Talking Real Dollars

Social Security recipients on fixed budgets count on their monthly benefits. But a proposed change tossed around in Washington D.C. budget discussions could leave them counting on less to meet their future needs. At issue is the way the cost-of-living adjustment (COLA) is calculated when…

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