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2022 COLA Increases Likely To Be Consumed By Healthcare Costs
COLA increases are supposed to help seniors keep up with inflation. However, the skyrocketing costs of healthcare continue to get in the way.
Photo courtesy of Pixabay.
Changes to Social Security That Affect Seniors’ Financial Security
Recently, there have been 3 things that have come to light surrounding Social Security. Unfortunately, all 3 of these negatively affect the financial security of senior citizens nationwide.
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Social Security’s Online Service Offers More Simplicity For Seniors
With the pandemic raging on, seniors need to remain cautious. Thankfully, the SSA's website is a great tool that can help seniors stay safe while still performing the tasks needed for their Social Security.
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DISGRACEFUL: Social Security Benefits Can Be Taxed As Income
Many don’t realize it, but more and more senior citizens are seeing their Social Security benefits taxed as income. This is because, even after years of watching COLA increase payments to combat inflation, there are income thresholds that remain unchanged.
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New Petition For Additional Stimulus Check Arises, But Would That Be Enough For Seniors?
As the delta variant spreads and the pandemic rages on, there is an outcry for another stimulus check. However, this additional cash, although beneficial, would not be enough to help seniors long term.
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