FAQ’s
- Ask the Advisor: April 2012
Q: Did Members of Congress receive a COLA this year? If so did they get more than the 3.6% that seniors received? Is it true they don’t pay into Social Security? A: Congress did not receive any automatic pay adjustment this year. With so many Amer...
- Ask the Advisor: January 2012
Is Social Security A Ponzi Scheme? How Much In Social Security Income Can I Expect To Get? Q: I’ve been hearing a lot recently that Social Security is a Ponzi scheme. Just how much in Social Security benefits can I expect? I just turned 62, but Iâ...
- Ask the Advisor: October 2011 Advisor
Will We Get A COLA in 2012? Q: Can I expect a cost of living increase this next year? Something needs to happen! A: Something does need to happen. Seniors haven’t received any cost of living adjustment (COLA) over the past two years — a...
- Ask the Advisor: August 2011 Advisor
Q: The news media has me confused regarding what is included in the CPI. I understand, according to the media, that the CPI does not include food or fuel. I wondered how that could be since they would be two of the largest items in the CPI? A: R...
- Ask the Advisor: May 2011 Advisor
Q: Did Congress get a cost-of-living adjustment this year? In 2010, my grocery bills went up 16.5%, gasoline up — 30%, property taxes up — 55%, utilities up — 17%. With no Social Security COLA, it is getting imposible to live and pay bills. T...