Explore

Asheville Citizen-TimesAsheville Citizen-Times
2027 Social Security COLA announcement comes Oct. 14. What to expect

2027 Social Security COLA announcement comes Oct. 14. What to expect

North Carolina Social Security recipients will soon know how much the 2027 COLA will be.
Cincinnati EnquirerCincinnati Enquirer
When will Social Security COLA be announced? How big the increase may be

When will Social Security COLA be announced? How big the increase may be

Social Security recipients may receive a larger benefit increase in 2027. See the latest COLA forecasts before the official announcement.
USA TodayUSA Today
Social Security checks are coming. Who gets paid next?

Social Security checks are coming. Who gets paid next?

The next round of Social Security payments is approaching. Here's who gets paid next and the full October benefit schedule.
Rapid ReadRapid Read
Social Security Administration Warns SSI Beneficiaries to Report Changes to Avoid Penalties

Social Security Administration Warns SSI Beneficiaries to Report Changes to Avoid Penalties

The United States Social Security Administration (SSA) has issued a warning to beneficiaries of Supplemental Security Income (SSI) regarding the critical importance of reporting changes in their personal and financial situations. The agency emphasizes that failure to report these changes in a timely manner can lead to incorrect payments, the obligation to repay overpaid funds, and potential penalties that could reduce future benefits. Key changes that must be reported include alterations in income (such as wages, pensions, or unemployment benefits), financial resources (like bank accounts, vehicles, or property), employment status (starting, leaving, or changing jobs), address, housing situation, marital status, and immigration status. For those who are married and live with their spouse, changes affecting them must also be reported. If the benefit is for a minor, certain parental changes are also required to be reported. The SSA mandates that these changes be reported no later than the 10th day of the mon...
Rapid ReadRapid Read
Danville City Council to Reconsider Cost-of-Living Adjustments for Retirees' Pensions

Danville City Council to Reconsider Cost-of-Living Adjustments for Retirees' Pensions

Retired city workers in Danville, Virginia, are urging the City Council to reinstate cost-of-living adjustments (COLAs) to their pensions. The city has not provided these increases since 2008, leading retirees to report significant financial hardship as their pensions have not kept pace with rising living costs. Stan Lawton, a retired firefighter who served Danville for 24 years, stated that his pension has lost 55% of its value since 2008 due to the lack of COLA adjustments. Michael Wallace, a retired police public information officer, joined the effort after learning that some long-time retirees had received no increases whatsoever. The Danville City Retirement Employee Coalition is advocating for the City Council to consider their request, especially in light of new revenue streams flowing into the city. The council approved continuing discussions about restoring COLA increases at an October 20 work session, with a potential vote at the city's November 5 meeting.
ReutersReuters
High gasoline prices expected to boost US consumer inflation in September

High gasoline prices expected to boost US consumer inflation in September

WASHINGTON, Oct 14 (Reuters) - US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump and his Republican Party heading into crucial November 3 midterm elections.
Rapid ReadRapid Read
Bartlesville, Oklahoma, Senior Living Costs Vary Significantly by Care Level

Bartlesville, Oklahoma, Senior Living Costs Vary Significantly by Care Level

In Bartlesville, Oklahoma, the cost of senior living varies considerably based on the level of care required. Current marketplace estimates indicate that independent living averages around $2,828 per month. For assisted living, which includes help with daily activities such as bathing, dressing, and medication management, the average cost rises to approximately $5,269 per month. Memory care, designed for individuals with Alzheimer's disease or other forms of dementia, is the most expensive option, averaging about $6,318 per month. These figures are estimates and actual pricing can differ based on the specific community, apartment size, and the range of services included. Factors influencing these costs include staffing, transportation, dining, housekeeping, utilities, and wellness programs.
Rapid ReadRapid Read
Medicare Program Provides Comprehensive Health Coverage for Seniors and Individuals with Disabilities

Medicare Program Provides Comprehensive Health Coverage for Seniors and Individuals with Disabilities

Medicare is a federal health insurance program in the U.S. primarily designed for individuals aged 65 or older, and certain younger people with disabilities, including those with End-Stage Renal Disease (ESRD) and Amyotrophic Lateral Sclerosis (ALS). The program is structured into four main parts. Part A, known as Hospital Insurance, covers inpatient hospital stays, skilled nursing facility care, hospice care, and some home health services. Part B, or Medical Insurance, addresses outpatient care, doctor visits, preventive services, and medical supplies. Together, Parts A and B constitute Original Medicare. Part C, Medicare Advantage Plans, are offered by private insurance companies and combine the benefits of Parts A and B, often including Part D and additional benefits like dental, vision, and hearing coverage. Part D provides prescription drug coverage through private health plans. Eligibility for Medicare generally requires individuals to be 65 years old and have paid into the system through payroll tax...
TrendlineTrendline
MassMutual Firm Lee, Nolan Koroghlian, LLC Seeks Financial Advisors for Client Relationship Building

MassMutual Firm Lee, Nolan Koroghlian, LLC Seeks Financial Advisors for Client Relationship Building

MassMutual Firm Lee, Nolan Koroghlian, LLC Seeks Financial Advisors for Client Relationship Building
TheStreetTheStreet
2027 Social Security COLA Could Be One of the Biggest in Years. Here's the Catch.

2027 Social Security COLA Could Be One of the Biggest in Years. Here's the Catch.

Retirees could see a bigger raise in January, but rising prices and Medicare premiums may eat up much of the extra money.
TrendlineTrendline
Portugal's Retirement Landscape Shifts for Americans in 2027 with New Tax and Income Rules

Portugal's Retirement Landscape Shifts for Americans in 2027 with New Tax and Income Rules

Portugal's Retirement Landscape Shifts for Americans in 2027 with New Tax and Income Rules
Rapid ReadRapid Read
Social Security Administration Details Conditions for Obtaining a New Social Security Number

Social Security Administration Details Conditions for Obtaining a New Social Security Number

The Social Security Administration (SSA) has outlined specific circumstances under which individuals may be eligible to request a new Social Security Number (SSN). This process is not routinely granted and is reserved for particular situations where the existing SSN poses significant problems. The SSA details these cases on its official website, emphasizing that while a new SSN can resolve certain issues, it can also introduce administrative and financial complexities. The agency maintains a link between the old and new numbers in its records to ensure accurate tracking of work earnings. Individuals seeking a new SSN must undergo an evaluation process, which includes scheduling an appointment, gathering necessary documentation to prove identity, age, and citizenship or immigration status, and providing justification for the request. An interview with an SSA representative is also required to determine if the situation meets the established criteria for a change.