Social Security recipients will get a modest 1.3% cost-of-living-increase in 2021, one of the smallest-ever increases, due to low inflation. The average increase will amount to a $20 per-month bump for the 70 million seniors and others who collect the benefit.That would follow this year s 1.6% increase in the cost-of-living adjustment, or COLA, according to the Social Security Administration, which announced its 2021 increase <a href=https://www.stanley-cups.at>stanley cup</a> on Tuesday. The COLA affects the personal finances of about 1 in 5 Americans, which includes Social Security <a href=https://www.cup-stanley.at>stanley cup</a> recipients, disabled veterans and federal retirees.The economic fallout from the coronavirus has reduced tax collections for Social Security and Medicare, likely worsening the <a href=https://www.stanley-cup.co.nz>stanley cup</a> ir long-term financial condition. While a decline in gas prices has kept inflation low in 2020, that may not reflect seniors actual costs, analysts say. Health care expenses such as Medicare premiums have been rising much faster than inflation, a problem for older Americans, who tend to require more medical services than younger people. We are looking at a period where there are growing inadequacies in Social Security benefits, particularly for people with lower-to-middle benefits, said Mary Johnson, an analyst with the nonpartisan Senior Citizens League.Social Security benefits have lost nearly a third of their buying power since 2000, according to the Senior Citizens League. Next year s 1.3% boost represents one of the program s sma Eytd Apple to reopen 100 stores in the U.S. this week
When Floyd Mayweather, Jr. and Manny Pacquiao finally confirmed their long-anticipated bout would go down on May 2, sports fans immediately circled the date on their calendar. <a href=https://www.adidas-samba-adidas.es>adidas samba</a> 2015 Kentucky Derby 37 photos It just so happens that the most exciting two minutes in sports aka The Kentucky Derby will be held on the same day. Those two events alone have thrust this coming Saturday into rarified sports air. But with the NFL draft underway and NBA and NHL playoff games also on the schedule, could May 2, 2015 be the most exciting 24 hours in sports history The high-profile events on Saturday are already guaranteed to be a historic financial bonanza. Revenue for <a href=https://www.dunks.fr>nike dunk</a> Pacquiao-Mayweather fight may hit a record $400 million, pay-per-view buys are nearing 4 million and single tickets have fetched more than $40,000. One writer predicts that wagering on the fight and the Kentucky Derby could hit $300 million. Even before the fight of the century date was announced, May 2 was shaping up to be an exciting sports day. In addition to the Run for the Roses, the sports schedule is loaded: The NBA playoffs are in full sw <a href=https://www.nikeair.fr>air max 1</a> ing and Saturday night will feature a do-or-die Game 7 matchup between the defending champion San Antonio Spur