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IMPORTANT: Medicare Prices Take Away COLA Increase
After a year of surging prices in many categories, the Social Security Administration decided on the largest COLA increase since 1982. But will this be enough?
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SSA Survivor Benefits Need Improvements
Many senior citizens rely on their entire household income each month; when a spouse passes away, the surviving spouse loses a portion of this income, and survivor benefits do not make up for the loss.
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UPCOMING: Several Changes to Social Security Anticipated in 2022
Photo courtesy of Pixabay. With 2022 approaching, there are many changes that senior citizens can look forward to. According to US News, these impending changes include: Social Security payments increase…
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Upcoming Benefit Increase Still Not Enough to Ensure Seniors’ Financial Security
After an unprecedented year of inflating prices, seniors are expecting a larger COLA for 2022. Unfortunately, this large increase may not be the generosity many see it as.
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LEARN MORE: How Social Security Benefits are Calculated
Social Security calculated benefits in a very specific way.
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