Social Security's COLA Is Now on the Cutting Block
Proposals under active consideration would cap, curtail, means-test or scrap Social Security's annual COLA. No sponsor, bill text or cost estimate has yet emerged.
Topic
Retirement
Topic
Retirement
Social Security's 2027 COLA Could Be the Biggest Hike Since 2023
The Senior Citizens League projects a 3.5% COLA for 2027 and AARP sees 3.6%, the biggest hike since 2023's 8.7%, as diesel above…
Congress Bill Would Cut Retirement Age to 60 for Some Workers
A congressional bill proposes lowering Social Security's full retirement age from 67 to 60 for workers in physically demanding jo…
Social Security Checks Face $540 Monthly Cut by 2031
Social Security checks are projected to be cut by $540 a month within six years, as time runs short to shore up the program's fin…
1.4 Million Business Owners to Retire by 2036, Yet a Third Lack Succession Plans
Some 1.4 million Australian business owners will retire by 2036, and 33 per cent of them have no succession plan, according to fi…
Connecticut Family Businesses Face Succession Gap as Owners Retire
Connecticut's family-owned businesses face a succession gap as retiring owners leave ownership transfers unresolved, raising stak…