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The Social Security Administration Announced 2023 COLA Updates. How Does It Impact You?

John Chladek2022-11-02T01:25:05+00:00November 15, 2022|Blog, Retirement, Trending Topics|

On Thursday, October 13, 2022, the Social Security Administration (SSA) released important updates for 2023, including cost-of-living adjustments (COLA) for retirees, changes to Medicare premiums, and retiree earning limits. Are you wondering how these adjustments affect your wallet? Let’s dive into what you need to know about the critical changes ahead. 1. Thanks To COLA, SSA Benefits Are Increasing The adjustments stem from the 2023 Social Security Administration Cost-of-Living Adjustment (COLA). COLA aims to ensure [...]

Election 2020 – Where Do We Go From Here?

For the nation, 2020 has been one of the most difficult years in memory. We are grappling with Covid and its fallout, economic upheaval, racial tensions, wildfires, hurricanes, a presidential election, and a polarized electorate. Despite this year’s difficulties, a strong economic recovery, record low interest rates, and an aggressive stance by the Federal Reserve have helped the major market indexes rebound from March’s steep sell-off. But where do we go from here? What’s in [...]