Stories Tagged as
Social Security
Social Security recipients to get their biggest cost-of-living raise in over 40 years
Oct 10, 2022
The adjustment is likely to be announced this week and expected to be around 9%. It's welcome news for recipients struggling with inflation.
For Social Security recipients, "there’s no keeping up" with rising costs
Aug 15, 2022
The program is expected to provide a large benefits increase in 2023. Until then, many on fixed incomes have to tighten their budgets.
How patience can pay off when it comes to filing for Social Security
by
Nova Safo
, Chris Farrell
, Rose Conlon
and Alex Schroeder
Feb 21, 2022
Waiting until age 70 to file for Social Security means a roughly 76% boost to benefits.
Being single in the U.S. comes at a cost
by
Reema Khrais
and Andie Corban
Dec 22, 2021
Author Anne Helen Petersen compares being single in the United States to living in a hostile climate like the Arctic.
For people on benefits, inflation adjustments lag behind
Dec 10, 2021
Social security and SNAP benefits are adjusted every year for inflation. While that tends to be enough in normal years, it's not enough right now.
The Social Security increase is historically big
Oct 14, 2021
The 5.9% increase isn't typical, as cost of living increases for Social Security are usually under 2%.
Social Security recipients will get a 5.9% increase, the largest in decades
Oct 13, 2021
But inflation will eat into the raise.
For public good, not for profit.
For retirees on fixed incomes, rising prices for consumer goods can be tough
Jul 13, 2021
Social Security provides cost of living updates. But for those with additional money to invest, inflation can eat into more conservative investments like cash and bonds.
Biden faces economic obstacles beyond the pandemic's burdens
by
David Brancaccio
, Erika Soderstrom
and Daniel Shin
Dec 29, 2020
The list includes dwindling trust funds for Social Security and Medicare and potential bubbles in the housing and stock markets.
In first presidential debate, what will we hear about the economy?
by
Justin Ho
Sep 28, 2020
Additional coronavirus aid for state and local governments is a likely point of contention.