Show Article with tag "social welfare"

Next year, retirees and other beneficiaries can anticipate a modest increase in their Social Security benefits. The Social Security Administration (SSA) is expected to announce the 2026 cost-of-living adjustment (COLA) in the fall, and current projections suggest a rise of around 2.6%. Understanding the COLA The COLA is designed to protect the purchasing power of […]

Social Security Under Scrutiny: New Legislation Proposed Amidst Funding Concerns and Service Cuts The future of Social Security, a crucial safety net for millions of Americans, is once again at the forefront of national debate. Mounting concerns over the program’s long-term solvency, coupled with recent service reductions, have spurred action in Congress. Senate Democrats are […]

Navigating Social Security: A Look at Presidential Benefits and the Program’s Future Social Security is a cornerstone of retirement planning for millions of Americans. Understanding how it works, and who is eligible, is crucial for everyone approaching retirement age. While the system is designed to provide a safety net, it also faces significant challenges in […]