Will Medicare Premiums Eat Up Seniors’ 2020 COLAs?

Photo courtesy of AFP According to a new estimate based on the recent Social Security Trustees report, the Cost of Living Adjustment (COLA) for 2020 will be a scant 1.2%. That’s an increase of about $17.50 in monthly benefits for the average claimant. The same projection says that the Medicare Part B premium will likely …

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The Remarkable Mothers of Social Security

Former Secretary of Labor Frances Perkins, left, with Eleanor Roosevelt. (Kheel Center / Flickr) This Mother’s Day, let’s celebrate the remarkable Mothers of Social Security. Without them, this essential program may never have been born. It certainly would be much less successful and effective. The Mothers of Social Security pushed for an expansive, ambitious program. …

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Fewer Americans seeing crucial Social Security document due to budget cuts

Image courtesy of Social Security Administration via Wikimedia Commons It is one of the most important retirement documents you will ever receive - but fewer Americans are reviewing their Social Security benefit statement nowadays due to cost-cutting and a government push to online services that is falling short. Until about a decade ago, all workers …

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