By Mary Johnson cash pay advance It’s official. The Social Security Administration recently announced that fifty-three million Social Security beneficiaries won’t receive any cost-of-living adjustment (COLA) in 2011 — t ...
Category: Cost of Living Adjustment (COLA) Articles
Recession, Lack Of COLAs Reduce Baby Boomers’ Social Security Benefits
The deep recession and two unprecedented years of a lack of annual cost-of-living adjustments (COLAs) are taking a huge toll on the Social Security of new retirees, even if they haven’t yet started benefits. A ground - b ...
Video: You’re Not Alone
Millions of seniors are on their own, struggling to make ends meet. In "You're Not Alone," viewers see the isolation of one senior, who is far too typical of America's seniors. But there is hope. The Senior Citizens L ...
Congressional Corner: By Representative Charles Gonzalez (20th-TX)
Many seniors in our community struggle month to month to make ends meet on budgets that just can’t cover today’s high cost of living. Today’s troubled economy is leaving the elderly in a financial pinch, particularly si ...
Congress Working On Plans For Social Security and Medicare Overhaul
Bipartisan efforts are underway in both the U.S. House and Senate on serious plans to overhaul Social Security and Medicare. Recently, House Majority Leader Eric Cantor (VA-7) said a “prescription” on entitlement reform ...