Image source: Pixabay.For retired Americans, there's probably no program more important than Social Security. More than 40 million retired workers were receiving monthly benefit payments as of March 2016, with a recent Gallup poll suggesting that almost 6-in-10 current retirees consider Social Security to be a "major source" of income.There's no denying how much Social Security has helped provide a financial foundation for seniors over seven-plus decades.
This Scary Social Security Trend Can't Be Ignored Any Longer
newsfeedback@fool.com (Sean Williams), The Motley Fool
Sun, 05/01/2016 - 4:03am
BING NEWS:
- Higher March inflation boosts Social Security COLA forecast for 2025
The latest Social Security cost of living adjustments (COLA) jumped considerably after a spike in inflation last month, according to one estimate.
04/18/2024 - 7:57 am | View Link - How did the reduced COLA for 2024 affect Social Security spending?
The annual welfare increase was far lower this year compared to 2023 with many seniors having to adjust their spending accordingly.
04/18/2024 - 7:03 am | View Link - Updated Social Security Cost-of-Living Adjustment (COLA) forecast may surprise retirees
With inflation rising once again, the expected COLA numbers for 2025 mean that senior citizens may be worse off next year.
04/18/2024 - 2:35 am | View Link - Navigating Generational Shifts: A Guide to Conscious Leadership in a Changing World
By Irina Barinskaya For almost 10 years I have been leading teams across different countries, sectors (retail, fintech, ride-hailing, charity, and IT), and formats (from big corporations to startups ...
04/17/2024 - 10:07 pm | View Link - Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks
The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise to close what ...
04/16/2024 - 9:44 am | View Link - More
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