A 6.1% Bump in Social Security?

A 6.1% Bump in Social Security?

COLA and Social Security.  Provided by Kristin Hershey   The news keeps getting better for Social Security recipients.   It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most...
A 6.1% Bump in Social Security?

How COVID-19 Caused a “She-Cession”

Several women-dominated industries were hit hardest by the pandemic. Provided by Kristin Hershey   Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense....
A 6.1% Bump in Social Security?

Tax & Estate Strategies for Married LGBTQ+ Couples

In this age of marriage equality, there are new possibilities. Provided by Kristin Hershey   The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this...
A 6.1% Bump in Social Security?

A COLA with Your Social Security?

Preliminary estimates call for a 4.7% cost-of-living increase.1 Provided by Kristin Hershey  If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022....
A 6.1% Bump in Social Security?

Buffet and Powell Talk Inflation

What does it mean when two of the most powerful voices in American financial life seem to be saying two different things?   In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest people and most frequently sought...
A 6.1% Bump in Social Security?

What in the World Are NFTs?

A Look at Non-Fungible Tokens. Provided by Kristin Hershey   Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these...