Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve officials wary.
Category: Social Security (US)
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Social Security Benefits Will Rise by 3.2 Percent in 2024
Millions of Social Security beneficiaries, from retirees to disabled workers, will receive the cost-of-living adjustment, which is far less than last year’s but still a healthy bump.
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Social Security’s COLA Is Coming. Here’s How to Protect Your Retirement.
Social Security’s cost of living adjustment, coming next week, helps retirees keep up with their bills, but there are other strategies for coping.
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White House Hits Back on Fitch Credit Downgrade, Protecting Biden
The president’s team has mobilized to counter the downgrade of Treasury debt by the Fitch Ratings agency, rushing to defend the story of an improving economic outlook.
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Social Security COLA Is Forecast Around 3%
Analysts say the 2024 adjustment, which helps older Americans keep up with inflation, won’t be nearly as high as his year’s but will still be significant.
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The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast
Negotiations to prevent a government default reaffirmed that the big drivers of future deficits are all off the table in a divided Washington.
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Potential Debt Ceiling Deal Would Barely Change Federal Spending Path
Negotiators have focused on a relatively small corner of the budget, shunning new revenues or cuts to the fastest-growing programs
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How a Solo Gig Can Give You a Stronger Retirement
Becoming a solo entrepreneur in the years between leaving an employer and claiming Social Security can give your savings a boost. Here’s what to know.
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Everything You Need to Know About the Debt Ceiling
Congress controls how much money the United States can borrow. Here’s a look at why that is and what it means.
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Taking Social Security, Paying Student Debt: Financial Planners Weigh In
Readers sent some of their most urgent financial queries, asking about issues like Social Security and student loan debt. Financial planners offered ideas.
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Social Security and Medicare Funds Still Face Long-Term Shortfalls, Report Says
The New York Times – Business:Slower economic growth could mean some retirement benefits will be cut sooner than originally forecast.
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Missing From Biden’s Budget: His Plan for Social Security
The New York Times – Business:Like the president’s previous budgets, his latest proposal made no mention of any tax or spending increases linked to the program, which he had promised to shore up during his 2020 campaign.