When investing for retirement having more time is good, but Senior Correspondent Mike Causey says that young and lower-paid federal investors may be missing a golden opportunity.
Rep. Tammy Duckworth (D-Ill.) on Dec. 1 introduced a bill that would give federal retirees and Americans receiving Social Security benefits a one-time cost-of-living adjustment in 2016 equal to a 3.9 percent increase for most recipients.
More than 70 million federal and Social Security retirees get COLAs from the government, but Senior Correspondent Mike Causey says this year’s COLA fails the taste and smell test.
Rep. Alan Grayson (D-Fla.) introduced a bill that would give a 2.9 percent cost-of-living adjustment to federal retirees and those receiving Social Security benefits in 2016.
Federal retirement benefits are not going up in January but it gets worse. Senior Correspondent Mike Causey says the retirees will start 2016 in the hole.
There likely won’t be a cost of living adjustment for federal retirees and people who get Social Security. Senior Correspondent Mike Causey explains why.
Folks who retired back in the day recall a golden era: A period when they got two cost of living adjustments per year and often got inflation catch-ups that were in the double digits.
The Consumer Price Index for Urban Wage Earners and Clerical Workers needs to rise substantially to trigger any cost of living adjustments. At this point, that doesn’t seem very likely.
If your regular September game plan is to recover from your vacation and focus on back-to-school stuff, Senior Correspondent Mike Causey says you picked the wrong month this year.
NARFE’s John Hatton and Katie Maddocks from the Federal Managers Association, join host Mike Causey to talk about some of the issues that Congress will tackle when it returns from its summer recess. September 2, 2015