New Measure Would Boost Retiree Inflation Adjustments 

New Measure Would Boost Retiree Inflation Adjustments 

Social Security benefits have not kept up with costs and older adults are left struggling to afford food, medications, clothing, and other necessities. 

Newly introduced legislation in the Senate (S-3974) would boost inflation adjustments to Social Security by basing them on a consumer price index measure geared toward retiree spending patterns rather than on the current general measure of price increases. Follow link to read more. https://www.fedweek.com/retirement-financial-planning/new-measure-would-boost-retiree-inflation-adjustments/