◀ The Principal Blog

A New Era for Social Security

The Bipartisan Budget Act of 2015, passed by Congress and signed by President Obama, includes major changes to Social Security. The majority of these changes involve eliminating options that helped many Social Security recipients increase the benefits they received. One of the biggest changes is…

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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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