In 2022, Social Security Disability Recipients Will See the Biggest Increase in Four Decades

The year was 1983: The U.S. invaded Grenada. A gallon of gas cost 96 cents. Michael Jackson’s “Thriller” video premiered. That year was also the last time that recipients of Social Security disability benefits saw a cost-of-living increase steeper than the Read More …

In 2022, Social Security Beneficiaries Will See the Biggest Increase in 39 Years

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The year was 1983: The U.S. invaded Granada. A gallon of gas cost 96 cents. Michael Jackson’s ‘Thriller’ video premiered. That year was also the last time that Social Security recipients saw a cost-of-living increase steeper than the one just Read More …

Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic

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The Social Security trustees are projecting that due to the economic downturn caused by the pandemic the Social Security trust fund will be depleted in 2033 — one year earlier than the previous estimates. Once the fund is depleted, Social Read More …

Budget Act of 2015 Impacts Social Security Planning

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The recent budget deal reached by Congress and President Obama will eliminate two popular strategies used by married couples to maximize Social Security benefits. Maximize Retirement Benefit While Still Collecting Spousal Benefits Currently a spouse who has reached full retirement Read More …