Social Security Gets Cost of Living Boost
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WASHINGTON - The cost of living adjustment intended to help more than 47 million Social Security recipients keep up with inflation is expected to be a tad larger in 2005 than it was this year, but the bad news is that much of the increase will be eaten up by higher Medicare premiums.    The Social Security Administration was announcing the new cost of living adjustment, or COLA, Tuesday, but in advance of the release many private economists were predicting a gain of slightly better than 2.5 percent, which would be up from the increase Social Security recipients received at the beginning of this year of 2.1 percent...
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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The White House said on Monday it  would borrow money to help pay for adding personal retirement  accounts to Social Security, after ruling out tax increases to  finance a transition experts say could cost $1 trillion to $2  trillion over 10 years.
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A leading pensions research group says the basic state pension could rise to Â£105 a week without any extra cost.
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Retirement benefits for U.S. public employees could cost states some $2.73 trillion over the next three decades, according to a report released on Tuesday by the Pew Charitable Trusts.
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It's expensive, but not as expensive as living without income.
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A few little changes in behavior can reap big savings.
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WASHINGTON One day after President George W. Bush touted his efforts to help the elderly cope with increased medical expenses, US officials announced the largest premium increase in the Medicare program&#39;s history, raising the monthly expense $11.
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The savings you need to live comfortably may be more thank you think.
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Growing number of U.S. families beset by medical problems are exceeding lifetime benefits caps.
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With a new Medicare drug benefit set to begin in 2006, Americans 65 and older can expect to spend a large and growing share of their Social Security checks on
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More baby boomers, and others, now have more choices about their retirement savings.
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A day after President Bush touted his efforts to help the elderly cope with increased medical expenses, federal officials announced the largest premium increase in the Medicare program&#39;s
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Business & money: Retirement rewards '25 times higher than workers'.
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Where to retire depends on more than just money.
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Investing in assisted living could have you living well.
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US consumers spend more in May than the month before, encouraged by higher personal income.