Social Security COLA Estimate for 2022 Raised to 6.2%
By Ginger SzalaThe latest estimated cost-of-living adjustment reflects a 5.4% increase in the consumer price index for the past 12 months.
August 10, 2021
Senate Passes $550B Infrastructure Plan in Win for BidenThe Senate, though, didn't get full consent for the approval of a bipartisan effort to replace a broad cryptocurrency tax reporting provision with a more narrowly targeted measure.
August 10, 2021
10 Best & Worst States for Retirement Plan AccessLess than half of workers nationwide have access to an employer-provided retirement plan, and even less take advantage of it.
August 10, 2021
Jefferson National to Pay $150K Penalty Over Annuity SalesThe life insurer also will repay $14,000 to an 86-year-old consumer who purchased an annuity she didn't understand.
August 10, 2021
BofA Co-Worker Charged With Murder of Veteran Merrill Exec Pleads Not GuiltyThe victim, Michelle Avan, was with Merrill for 22 years before becoming head of global women's and underrepresented talent strategy for the bank.
August 10, 2021
Wells Fargo Names Steve Black Chairman as Noski Steps DownCharles Noski became chairman last year after Betsy Duke resigned ahead of a congressional hearing into a series of scandals at the bank.
August 09, 2021
Biden Corporate Tax Hikes Would Hit Retirees, Small Businesses: StudyNew research by the Joint Committee on Taxation finds the hikes could disproportionately hurt U.S. workers, retirees and some 1.4 million small-business C corps.
August 09, 2021
Workers Are Saving, But Few Feel Very Confident About Retirement: StudyAlso, 16% of workers across generations believe their retirement confidence has dropped due to the pandemic, Transamerica research finds.