Tag: COLA

News

President Biden’s Plan To Strengthen Social Security 

In its 2023 annual report, Social Security announced that the program will run out of its surplus by 2035 if no changes are made by the...

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TSP

5 Important Retirement-Planning Milestones

When you reach your 50th birthday, it’s time to start getting serious about planning your retirement. In fact, experts say you should...

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News

Balancing the Scales: Addressing Disparities in Federal Retirement COLAs

In 2024, the annual cost-of-living adjustment (COLA) for federal retirees is set to return to more modest levels after experiencing...

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Benefits

Overview: The 2023 COLA Increase

You’ve probably read the headlines: the 2023 Cost Of Living Adjustment is the largest increase since 1981. The average retiree collecting...

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Benefits, Retirement

Understanding How Inflation Impacts Purchasing Power

There’s a certain amount of inflation that we learn to live with year after year. If you found a $20 bill that was tucked into a book 20...

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Benefits, News

What’s Coming Up In 2023 For Federal Workers & Retirees

From a significant pay raise for GS workers and the highest Cost of Living Adjustment (COLA) for retirees in over 40 years, to a 7.2%...

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Retirement

Recent Survey Reveals Why Americans Are Delaying Retirement

A new survey conducted during the summer of 2022 revealed 25% of pre-retirees have decided to delay their retirement a few more years. With...

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