“2025 Long-Term Inflation Forecast Predicts Lowest Social Security COLA Since 2020” – The 401(k) Specialist

Boston, MA – A recent long-term inflation forecast predicted that the Social Security cost-of-living adjustment (COLA) for 2025 will be the lowest since 2020. This forecast has raised concerns about the financial security of retirees and individuals relying on Social Security benefits. The impact of low COLA on retirement planning and budgeting is significant, as it affects the purchasing power of retirees and their ability to keep up with the rising cost of living. The …

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Retirement Specialist Teresa Ghilarducci on the Gray New Deal and the Broken U.S. Retirement System

NEW YORK, NY – Retirement expert Teresa Ghilarducci is advocating for a “Gray New Deal” to improve job and pension prospects for older Americans. Ghilarducci, a professor at the New School for Social Research, asserts that older adults should not feel ashamed about the size of their retirement accounts and should not be required to work during retirement. According to Ghilarducci, the current U.S. retirement system is failing employees, particularly those in middle- and lower-income …

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Protect Your Personal Information: Alabama Specialist Shares Tips for Safeguarding Your Social Security Card

Montgomery, Alabama – Scams targeting personal information are on the rise, making it crucial to protect your vital documents such as your Social Security card. Your Social Security card is not used for identification purposes in most cases; typically, you only need to know your Social Security number (SSN). Many business transactions do not require the physical card, and there are alternative documents you can use for various purposes. These alternatives include a birth certificate, …

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