by lindapowell | Sep 20, 2022 | Articles, In The News
Social Security’s been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you. The Social Security trust fund is huge. It is estimated to be $2.9...
by lindapowell | Oct 18, 2021 | Articles, In The News
5.9% is the biggest COLA increase in decades On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9 percent cost-of-living adjustment (COLA) for 2022, the largest increase in four decades....
by lindapowell | Sep 14, 2021 | Articles, In The News
The news keeps getting better for Social Security recipients. It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1,2 It’s all about inflation. Social...