My Congressman Wants A More Accurate Measure Of Inflation For COLAs. How Would That Affect My Social Security Benefits? Q: I received a mailing from my Representative stating that he supports a plan to save Social S ...
Category: Frequently Asked Questions (FAQs) about Cost of Living Adjustments (COLA)
Ask the Advisor: September/October 2016
Would a Higher Cost-of-Living-Adjustment in Social Security Make Me Ineligible for Medicaid? Q: I recently read that if retirees got higher cost-of-living-adjustments some low-income people would lose eligibility for ...
Ask The Advisor: Congress Salaries and COLA
How Much Did Congress Earn Last Year? Q: Can you tell me how much members of Congress earned last year after shutting down the government? Did they receive a COLA for 2014? I've heard conflicting stories. A: Member ...
Are Deeper Cuts Coming? — How Much Would You Lose?
Most analysts believe that switching to a more – stingy measure of inflation to determine annual cost-of-living adjustments (COLAs) will form a key provision to larger government-wide deficit reduction legislation. The i ...
FAQ: How “Chaining the COLA” Cuts Your Social Security
TSCL Mounts Nationwide Effort Fighting COLA Cuts A major move is underway to reduce government spending on Social Security by cutting the growth rate in annual cost-of-living adjustments (COLAs). What would it cost y ...
FAQ: How Would Switching To the “Chained” CPI Affect Social Security Benefits?
Pending budget decisions over dwindling government funds will likely once again trigger a high-stakes battle over how to reduce the nation’s debt. A proposal that would reduce the rate of growth in annual Social Security ...
Ask The Advisor: COLA Determination
What Is Tracked In Determining The COLA? Q: In determining the COLA what items does the government track for price changes? Why does the COLA grow so much more slowly than my costs? A: It’s not what the government ...
Ask The Advisor: Social Security v Ponzi Schemes
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 ex ...
Ask The Advisor: What is included in the CPI?
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 la ...
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