Jill on Money: Social Security: The No-COLA

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.
Winter Solstice, Cusco, Peru.
By Dr. Daneen Skube
By Sue Hubbard, M.D.
Dear Readers,