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Archive for July, 2012

Social Security COLA Watch: July 2012

New data have been released. Check here for more! The CPI-W for June 2012 was released this morning by the Bureau of Labor Statistics, and unfortunately, the index continued its decline from last month. The CPI-W index fell from 226.600 to 226.036, which is 1.3% higher than the third quarter 2011 average (the baseline for COLA [...]

How Important are Social Security Spousal Benefits?

Many people do not know about Social Security spouse benefits. There may be a good reason for this. There is no mention of spousal benefits in the Your Social Security Statement that the Social Security Administration is again sending out annually to people 60 and over. Spousal benefits are important for just about everyone who [...]