Social Security Raises Benefit by 2.5% for 2025
The boost is lower than last year because inflation has cooled; meanwhile, the consumer price index rose by 0.2%, slightly...
Tag: inflation
Should the CPI-E Be Used for Social Security?
Using the consumer price index for the elderly for cost-of-living adjustments would likely result in higher Social Security benefits.
Corporate Pension Funding Mixed Amid Equity Drop, Strong Interest Rates
In April, record-high pension funding levels experienced a slight decrease due to a decline in asset values, but this decline...
Small Businesses Are Growing, But Will That Translate to More 401(k)s?
Small businesses are showing strong growth during this month of celebration for them; it could be a perfect opportunity for...
Retirement Confidence Grows On Higher Wages
Wage growth may be helping people feel more confident in retirement savings, but guaranteed income in retirement is still a...
Investor Confidence Remains High as Election, Inflation Bring Unease
Investor optimism decreased slightly on the economy, according to the latest investor sentiment from Morgan Stanley.
Inflation Woes Persist for Would-Be Savers
Allianz Life, Equitable and MassMutual all report persistent financial stress on Americans due to inflation.
Workers Call for Savings Assistance in New Report
Many employees are stressed about their finances and are tapping retirement savings to make ends meet, according to a survey...
Americans Remain More Wary of Inflation Than Retirement Shortfall
Fears about both inflation risk and retirement income remain elevated, per annuities and insurance provider F&G.
Most Retirees Would Change Retirement Strategy, Lincoln Financial Finds
Separately, Hartford Funds’ Mike Lynch says employers should consider a program for retirees to mentor pre-retirees to improve retirement readiness.
New PBGC Guarantee Levels, Premiums Announced for 2024
The PBGC also released new guarantee tables for different annuity types.
Inflation Is Reshaping Retirement Outlooks, MFS Reports
Meanwhile, Morgan Stanley finds investors are bearish on the market, with inflation topping the list of concerns.
Higher Rates Push Both Congress, Investors to Change Strategy
Long-term investors are looking to rebalance their portfolios while considering investing trade-offs in both equity and bond markets.
Where Are Financial Wellness Benefits Headed?
According to EBRI, employers are looking for a wider range of benefits.
Temporary Budget Agreement Keeps 2024 Inflation Adjustments on Track
The Social Security COLA and IRS Contribution Limits will continue on schedule after a near miss on government shutdown.
Inflation Data Will Be Unavailable for 2024 Social Security COLA With Shutdown
The Social Security COLA would not be updated on the scheduled timeline of October 12 during a government shutdown.
Social Security COLA Projected at 3.2% Ahead of October Decision
The Social Security Administration will officially announce the adjustment rate on October 12, and it is projected at less than...
Money Over Marriage: Younger Generations’ Priorities Present Adviser Opportunity
Younger savers may be responding to financial hardship ranging from the pandemic to inflation, according to research from MassMutual.
Economic Slowdown, Inflation, Top List of Adviser Concerns in PGIM Study
A new survey by the asset manager also shows that more than half of respondents view U.S. Treasurys, investment-grade corporate...
Few Americans Report ‘Financial Freedom’ Amid Record High Credit Card Debt
Research from Achieve suggests Americans are struggling to make ends meet, but separate research from WalletHub notes inflation is masking...