COLA and Social Security
August 29, 2023
The cost-of-living adjustment for 2024 is projected to be around 3% Given the high rate of inflation that Americans contended with last year, the cost-of-living adjustment...
Planning a Retirement Spending Spree? Be Sure to Plan on Having Ample Retirement Savings!
August 1, 2023
Retirees and those collecting Social Security enjoyed a significant boost in the cost of living adjustment (COLA) in 2022 and 2023. The 2023 COLA of 8.7% was the largest in...
Retirement Plan Contribution and Income Limits for 2023
November 3, 2022
The IRS has increased the contribution limits for all types of retirement plans—Traditional and Roth IRAs, certain governmental plans, and qualified retirement plans...
Social Security Cost of Living Adjustment (COLA) for 2021
November 5, 2020
It was announced in mid-October that Social Security beneficiaries will see a 1.3% cost- of-living adjustment (COLA) in their monthly distribution checks, effective January...
