April 25, 2011
Social Security benefits are generally adjusted based on the cost of living expenses. In the 1970s, Congress regularized Social Security benefits boosts and provided predictable criteria for them, according to huffingtonpost.com.
Social security benefits’ increase are set up in a way that benefits will lag behind the current year’s prices. For example, the Cost of Living Adjustment response to 2011 price boosts will start in January 2012. but that COLA will not ameliorate prices that increase during 2012, the article says.
Do you think the COLA will be affected by changes to Social Security benefits? Do you think there are problems with the current system for COLA?
If you need help getting the Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.
Fleschner, Stark, Tanoos & Newlin
N/a
The financial burden that often comes with a serious injury can be too much for many people to bear. Unexpected medical debt, damaged personal property, and the sudden loss of income can impact the budgets of most families. The good news is that a successful injury claim could help reduce that financial strain after a serious accident. Get in touch with a Terre Haute personal injury lawyer with Fleschner, Stark, Tanoos & Newlin to learn more.
Copyright ©2024 Fleschner, Stark, Tanoos & Newlin,
