GettyImages/frender

January pay raise, retiree COLA looking good

With five months left to go in the cost of living countdown, federal, military and Social Security retirees are looking at a 3% increase in benefits beginning…

Read more

Military retirees, survivors will see 1.3% increase in COLA for 2021

Read more
(AP Photo/Elise Amendola)FILE- In this June 15, 2018, file photo, twenty dollar bills are counted in North Andover, Mass. Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt. The Education Department can also withhold federal benefits like tax returns and Social Security payments. Garnishment is an effective tool to recoup unpaid loans, private collection agencies enlisted by the Education Department took in over $841.6 million  via wage garnishment in the 2018 fiscal year, but it inflicts serious financial strain on borrowers who are already struggling. (AP Photo/Elise Amendola, File)

Calculating your 2021 take-home pay requires some serious mental gymnastics

Read more
A sign alert voters at the United Methodist Church polling place Tuesday, May 12, 2020, in Hudson, Wis.in Wisconsin's special congressional election to replace retired Republican reality TV star Sean Duffy, in the 7th District race between Republican Tom Tiffany and Democrat Tricia Zunker. (AP Photo/Jim Mone)

COVID-19 impact on 2021 COLA, pay raise and WEP/GPO

Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting…

Read more
Loren Duggan Bloomberg Government

Congress certainly has a long to-do list

Congress — most of it, anyway — returns to Washington with a long agenda. At the top of the list is what will be in a fourth stimulus bill if there…

Read more
Mike Causey

January COLA way down but health premiums way up?

For obvious reasons, nobody has a handle on where cost of living adjustments or health care costs/insurance premiums will end up.

Read more

Sign up for breaking news alerts