Social Security Taxes Set to Rise for Some Employees in 2017
The Social Security Administration has announced that the maximum amount of earnings subject to the Social Security tax will climb 7.3% in 2017.
COLA
0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.
Groups Urge Lawmakers to Combat Rising Medicare Part B Premiums
Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.
Chances Increase for Small COLA in 2017
There is some good news for readers who may be hoping for any COLA increase in January.
Federal Employees and Retirees Face Hard Choices With Rising Premiums
Federal employees and retirees will face a series of difficult decisions over the next month as they think about funding their benefit contributions in the midst of rising costs.
Changing to Elderly Index for COLA Calculation Will Be Insignificant
Legislation would change the COLA calculation for Social Security and federal retirees to the CPI-E index. It would also benefit those collecting spousal benefits.
Newly Re-Elected NARFE Leaders Face a ‘Perfect Storm’ of Rising Premiums Hitting Federal Retirees
Federal retirees could be facing a “perfect storm” of events that could collectively cause costs for their benefits to rise sharply in 2017. NARFE has been campaigning to minimize the potential negative impact on retired federal employees.
2017 Federal Pay Raise and COLA Update
What is the status of a 2017 raise for federal employees, next year’s COLA increase, proposed locality pay changes and military pay? Here is an update.
Bleak Outlook for 2017 COLA
The outlook for federal retirees and Social Security recipients for an increase in income in 2017 is bleak. For the average Social Security recipient, next year’s COLA increase is unlikely to be over $5.00 per month.
Federal Retirees Need To Tighten Belts While Current Employees Expect To See Pay Increases
A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.
