The stupid and dishonest idea of raising the Social Security retirement age is back

By Michael Hiltzik Source: The Los Angeles Times The people who are in the forefront of pushing Social Security “reform” by cutting benefits have gotten pretty good at hiding their intentions behind plausible-sounding jargon and economists’ gibberish. The latest “reform” package offered by the Committee for a Responsible Federal Budget, for example, calls on lawmakers to “promote stronger economic growth and productive aging” by removing “work and savings disincentives in the current program.” “Productive aging” — that’s a good [...]

2023-02-02T15:18:34-08:00February 2nd, 2023|Categories: Retirement|Tags: |

Social Security’s Cost-of-Living Increase Will Be Largest in Four Decades, an Estimate Says

By Mark Miller Source: The New York Times More than 70 million Americans who receive Social Security benefits can expect an inflation adjustment to their monthly checks next year that will be the largest in four decades. Government inflation figures for August, released on Tuesday, point to a Social Security cost-of-living adjustment, known as the COLA, of 8.7 percent, according to an estimate by a nonpartisan group that lobbies for seniors. The Social Security Administration will announce the final [...]

2022-10-05T14:10:04-07:00October 5th, 2022|Categories: Retirement|Tags: , |
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