This is the first article in a series of articles discussing the basics of Medicare. Today’s article is an introduction to Medicare, including who qualifies, what expenses are covered and how to enroll. Look for more “The ABCs of Medicare” articles soon. Medicare is health insurance offered by the Federal government. The following people may […]
No COLA for Social Security Benefits in 2011
Update: Good news for the millions of Americans who rely on Social Security – they will be getting a raise in 2012, the first time since 2009. The Social Security Administration (SSA) announced that the cost of living allowance (COLA) increase for 2012 will be 3.6%. According to SSA, the average monthly benefit for retirees […]
No Increase In Social Security Benefits for Retirees Next Year
Earlier this year, retirees on Social Security saw one of the largest COLA increases they’ve seen in years – since the 1980s to be exact. Unfortunately, the Social Security COLA is expected to be zero for the next few years. If you’ve been receiving Social Security for a while, you know that your benefits are […]