Tag: inflation
If providing healthcare to more Americans is the goal, the COVID-era tax credits for people buying insurance on the Affordable Care Act (ACA) marketplaces have been a big success. Enrollment in ACA policies has doubled to a record 24 million since 2021, when Congress approved the credits, which reduced monthly premiums by hundreds of dollars…
But over the last four years, the COLA has fully protected retirees. The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices – always a wonderful feature of our Social Security…
