Is 2022 a good year to retire? How do the annual pay raise, inflation, and COLAs compare during similar economic circumstances under Presidents Carter and Biden?
Despite aid from the Postal Service Reform Act, USPS 2022 third quarter financial performance was strained due to rising 2022 inflation.
The author says that the 2022 recession is likely to be different from any that have occurred in the past.
An unusually high COLA could result in higher taxes for retirees.
2023 COLA estimates are now above 10%, and one prediction is as high as 11.4%.
Many people do not focus on budgeting, but with 2022 inflation rising rapidly, a good budget strategy can help keep your financial plan on track.
A draft bill in Congress is proposing paying some federal employees a 2023 inflation bonus to help offset rapidly rising inflation.