Topic: Policy

cost of living calculator

Social Security Cost of Living Adjustment Likely Largest Since 2011

– October 10, 2017

With inflation ticking upward in 2017, retirees are likely to see the largest cost-of-living adjustment in their Social Security benefits since 2011.

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Cost-of-Living Adjustment Likely to Be Small

– September 18, 2017

Retirees are likely to see a positive but very small cost-of-living adjustment in their Social Security benefits next year.

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Reforming Social Security

– April 4, 2016

Since its enactment in 1935, Social Security has become an important feature of the retirement landscape for all Americans. But its finances are in need of repair. Despite the significant taxes already paid into the Social Security system, future benefit payments are expected to both outrun future tax revenues and consume any accumulated surplus (Chart 1). 

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Social Security: Straightening Out Misconceptions

– January 12, 2016

We are all reasonably familiar with the idea of Social Security: You pay money in while you’re working and you get something back when you’re retired. But the system is complex, and even the most basic rules are misunderstood by a large segment of the population.

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Expect No Cost-of-Living Adjustment to Social Security in 2016

– October 6, 2015

The annual cost-of-living adjustment (COLA) will be announced on Oct. 15, when the last data required to compute it becomes available. But the data already suggest that prices have fallen over the past 12 months, removing the need for an adjustment. If prices have fallen but the COLA is zero, the purchasing power of Social Security benefits would increase.

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Seven Common Myths About Social Security

– July 27, 2015

Deciding when to apply for Social Security benefits is one of the most important (and most daunting) decisions a person will make in their life.  With the release of the Social Security Administration’s Trustee’s report last week, it’s only appropriate to examine seven commonly held myths about this complex government program:  

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Social Security Rises Slightly

– October 5, 2012

Special Report October 5, 2012 Beginning January, recipients should see payments go up by at least 1.5 percent. But the increase probably won’t be enough to cover higher everyday prices. by Polina Vlasenko, PhD, Research Fellow

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Central Banks Race to BUY Gold At Record Pace

– August 21, 2012

This must be more evidence of Bernanke’s “tradition.” The Olympics may be over, but central banks around the world have begun a race to buy gold and are doing so at the highest level in decades. The World Gold Council recently announced that central ba …

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Ryan: Boon or Bane for U.S. Dollar?

– August 17, 2012

Good news: Vice Presidential candidate Paul Ryan may put the focus of the presidential campaign on the sustainability of the U.S. budget. Bad news: Ryan’s plan delivers some tough medicine.

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Social Security: The Long View

– July 9, 2012

Economic Bulletin Since 1935, AIER has spotted flaws in the program. A quick look at 77 years of commentary. by AIER Staff

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New CPI Means Higher Taxes, Lower Benefits

– June 11, 2012

A rose by any other name would smell as sweet, but a steak tastes not as sweet – if it’s a cut of horse  meat… The new CPI calculations are designed to further disguise inflation and the erosion of your standard of living. Last month, …

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Meeting Medicare’s Spiraling Cost

– June 4, 2012

Research Reports Vol. LXXIX, No. 10 | June 4, 2012 Don’t be fooled by overly optimistic projections. It’s even worse than you think. by AIER Research Staff Additional content: Taxing Social Security by Walker F. Todd, PhD, JD, and Enrolled Agent, Resea …

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