Social Security and
The U.S. Government, Internal Revenue Service, and Social Security Administration specifically have implemented major changes for 2016. This is the largest change in years and may significantly affect the way boomers and older seniors receive their benefits.
In recent years, the federal government has approved small increases to Social Security benefits to help beneficiaries with rising prices on food, rent and other essential items. Now, anyone of retirement age will receive NO Increase of Benefits for Inflation. Continue reading