There’s always a tremendous amount of speculation about Social Security’s annual cost of living (COLA) increase. In fact, the first soothsayers stir the pot as early as February or March each year. Yet the COLA is only announced after inflation rates are known for the third quarter. Right on time, the Social Security Administration released the 2025 Social Security COLA on … [Read more...] about 2025 Social Security COLA set at 2.5%
ERISA Turns 50. Happy Birthday!
Have you embraced becoming your own pension manager? When I was 13 years old, then President Gerald Ford celebrated Labor Day by signing ERISA into law. ERISA is the Employee Retirement Income Security Act (pronounced a-ris-a). And it is one of the most sweeping and influential laws that affects every worker in the country. This year ERISA turns 50! And you’ve either … [Read more...] about ERISA Turns 50. Happy Birthday!
Get Ready for Big 2025 Medicare Part D Changes
Are you already in Medicare and have your prescriptions covered by a Part D plan? Or maybe you are reading this because you will be starting Medicare in the next few years? Either way, it’s important to get up to speed on the 2025 Medicare Part D changes. There are going to be a lot of them! The focus in the media lately has been on the $2,000 out-of-pocket (OOP) cost cap … [Read more...] about Get Ready for Big 2025 Medicare Part D Changes
2024 Inflation: Implications for Lasagna, Ice Cream, and Retirement Income
June 2024 data shows prices moderating, but grocery bills still high July is my favorite month of the year. It has some very important dates including National Ice Cream Day on July 21st this year. Plus, my birthday and anniversary, and my older daughter’s birthday, all fall in July. And a bonus—July 29th is National Lasagna day! Two of my three favorite foods are … [Read more...] about 2024 Inflation: Implications for Lasagna, Ice Cream, and Retirement Income
Our Next 10 Adventure: An Update and An Extension
Hard to believe we’re now eight years into our “Next 10 Adventure.” This was our idea of how to change things up after the kids were gone. We had been in the same town and the same house for 25 years when we had a conversation. Would we be willing to move to somewhere new before retirement? Much to both our surprises, we were okay leaving the house where we raised our kids. … [Read more...] about Our Next 10 Adventure: An Update and An Extension
