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Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022, the biggest cost-of-living adjustment in 39 years.
Tagged with: social security
Read More »Social Security COLA largest in decades as inflation jumps
Social Security insolvency pushed up a year by COVID-19 recession
The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday.
Tagged with: Covid medicare social security
Read More »Baltimore Social Security office slated to close next month
The Social Security Administration office at the Rotunda in Baltimore is slated to close, the latest in a string of field office closures throughout the country.
Tagged with: Baltimore general services administration social security
Read More »Homeless paralegal proves Social Security owes her $100K
WASHINGTON — For years, Wanda Witter has lived on the streets in Washington, D.C., trying to persuade officials that Social Security owes her more than $100,000. For years, the 80-year-old woman says people dismissed her as crazy. But finally someone listened ...
Tagged with: homeless paralegal social security
Read More »How much more expensive is Md.? New data sheds light
Living and buying in Maryland is expensive – and it looks like it’s going to stay that way. According to recent data from the Bureau of Economic Analysis, prices in Maryland are more than 10 percent higher than the national ...
Tagged with: bureau of economic analysis bureau of labor and statistics cost of living home ownership housing prices rent social security
Read More »Judges must predict Social Security benefits in marital property, top Md. court says
Family-law judges must consider the splitting spouses’ anticipated Social Security benefits when calculating monetary awards in divorce cases, a divided Maryland high court ruled Tuesday.
Tagged with: divorce marital property social security
Read More »Editorial: Fixing Social Security
There’s a right way to “fix” the Social Security system, and there’s a wrong way.
Tagged with: Congress retirement social security
Read More »Ramesh Ponnuru: Plenty of bad Social Security fixes
Social Security Works, a left-wing group, was quick on the draw. Within an hour of U.S. Sen. Marco Rubio’s announcement that he was running for president, it issued a news release attacking him: “If Senator Marco Rubio had his way, Social Security’s very modest benefits, averaging just $1,330 a month for retired workers, would be cut.”
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Read More »Why it pays to delay Social Security until age 70
Because Social Security is such a complex program, savvy retirees can take advantage of the rules and end up with tens of thousands of dollars more.
Tagged with: finance social security
Read More »Social Security benefits get another small increase
Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.
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