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• Social Security Benefit Increase in January will be 5.8 Percent

  By Scott Burns The Consumer Price Index for September decreased 0.1 percent, taking the index to 214.935. That was the last data item needed to calculate the increase in benefits Social Security beneficiaries will start to receive in January. The increase... Posted Oct 16 2008, 03:49 PM by admin with | with no comments Filed under: Follow On

• Social Security Benefit Increase Update: Very Close to 6 Percent

  By Scott Burns The 0.5 percent decrease in the CPI-W for August counterbalanced the increase for July. This is the index used to calculate Social Security benefit increases. According to the most recent figures from the Department of Labor, the year-over... Posted Sep 22 2008, 03:00 PM by admin with | with 2 comment(s) Filed under: Follow On

• Tracking the Social Security Benefit increase for 2008

  By Scott Burns The consumer price index for July increased 0.5 percent. It increased the CPI-W to 216.304. The increase over the prior year was 6.2 percent. Here’s the press release: http://www.bls.gov/news.release/cpi.nr0.htm In case you missed it, my... Posted Aug 18 2008, 03:00 PM by admin with | with 3 comment(s) Filed under: Social Security, Follow On

• Yes, for many, it’s better to take Social Security benefits later.

  by Scott Burns Most people take Social Security at 62, often because they must. But many have a choice and should give careful thought to delaying benefits. Why? Because it is the fastest and most reliable way to increase retirement income. Yes, even... Posted Oct 31 2007, 02:25 PM by admin with | with 2 comment(s) Filed under: Social Security, Follow On