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Social Security Cost of Living (COLA) Modest Increase in 2024

Social Security COLA increases for 2024

Social Security COLAs are tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a measure of price changes for a selection of goods and services, including food, energy, and medical care, that is reported monthly by the federal Bureau of Labor Statistics.

Drawbacks to Medicare Advantage Plans

Shower Chair needed when Medicare Advantage discharges too quickly

If you have a Medicare Advantage plan and require a brief stay at a nursing home or rehabilitation facility, you could be in for an unpleasant surprise, according to a Kaiser Health News report.

What Do I Need to Know During Medicare Open Enrollment?

IRA Conversion

Cleveland.com’s recent article entitled “6 things you should know about signing up for Medicare” gives us a few things you should know about Medicare: Who’s enrolled automatically? If you’re under the age of 65 and already receive Social Security benefits, you’ll be automatically enrolled in Original Medicare, which includes Medicare Part A (hospital insurance) and…

How is Congress Trying to Protect Seniors from AI Scams?

Man on the phone with his credit card may be a victim of financial fraud.

Generative artificial intelligence systems are already making it easier for scammers to con elderly Americans out of their money, and several senators are asking the Biden administration to step in and protect people from this quickly emerging threat.

Why Can’t Rock Stars Retire?

Celebrity Red Carpet

With his Farewell Yellow Brick Road tour, Elton John confirmed his latest plans for retirement. The final show of the tour in July 2023 will be his last. However, deja vu suggests this might not be the last we see of Elton.

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