Jill on Money: Social Security: The No-COLA
By Jill Schlesinger
Tribune Content Agency
There will be no raise for Social Security recipients next year and one of the nation’s retirees (aka my Mom) responded to the bad news with an expected comment: “that stinks!” I had to explain to her that because the government uses inflation data to calculate the cost-of-living adjustment (COLA) for Social Security and overall prices were essentially flat from a year ago, she, along with over 60 million Americans who currently receive Social Security retirement benefits, will not get a bump in pay next year. That means most seniors will be stuck with an average monthly check of $1,341 ($2,212 for retired couples who are both receiving benefits).
Andrea Rodríguez works to empower Latinos and her journey gives many food for thought.
By Dr. Daneen Skube
By Sue Hubbard, M.D.
Dear Readers,
After two of the worst winters ever in many parts of the country, the Car Care Council suggests that motorists take a little extra time now to make sure their vehicles are prepared for the unexpected when weather arrives.