Will next year’s COLA end up being less than 2%? Currently, that appears more likely than anything near last year’s 8.7% adjustment. The latest data to come out of the Bureau of Labor Statistic (BLS) shows inflation is slowing its ... Read More

This episode is about the latest projections for the 2024 federal pay raise and COLA for FERS, CSRS, and Social Security The Fed15 Podcast (Ep. 07): Outlook for 2024 Federal Pay Raise and COLA Recent congressional budget measure ties telework ... Read More

This week’s quiz is about next year’s COLA, a recent lawsuit, and death benefits. SURVIVOR BENEFITS WEBINAR [ays_quiz id=”63″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee ... Read More

The latest estimates for next year’s COLA dropped from last month’s forecast of 3.1% to 2.7% The Senior Citizens League produces a monthly estimate based off updated inflation data for the upcoming year’s cost-of-living adjustment (COLA) for recipients of social ... Read More

In-depth explanations for items 8-10 (and the bonus item) from Jen’s second series of lists. Jennifer Meyer, CFP© Hello again readers. Thank you for joining me for the final installment of “Ten More Easy ways to ruin a Federal Retirement.” ... Read More

After an 8.7% COLA for 2023, read the latest on inflation and interest rates – indicating a much lower adjustment next year. Over 70 million Americans receive either Social Security benefits or Supplemental Security Income (SSI) payments from the Social ... Read More

With No Inflation Adjustments in 40 years, More Social Security Beneficiaries Are Paying Federal Income Tax on Their Benefits Edward A. Zurndorfer Before 1983, Social Security benefits (retirement, survivor and disability) were not taxed by the federal or any state ... Read More

Our weekly quiz focuses on the current COLA outlook, designating beneficiaries for your federal benefits, and the anticipated Special Salary Rate on the horizon for IT workers. Try These Quizzes Next! Quiz #46 Quiz #45 Quiz #44 [ays_quiz id=”47″] FedLife ... Read More

Upcoming Cost-of-Living Adjustment (COLA) for Social Security beneficiaries and federal annuitants. Plus, proposed legislation about both COLA and leave. COLAs for federal retirees’ pension income and social security benefits are linked to inflation, which is measured by one of the ... Read More

Is There Any Downside Resulting from the Decrease of Medicare Part B Premiums During 2023? Edward A. Zurndorfer For the year 2023, Social Security recipients received an historic 8.7 percent cost-of-living adjustment (COLA), the highest in 40 years. Meanwhile, Medicare ... Read More