Social Security Benefits to Rise 1.7% Next Year

Social Security benefits will rise by 1.7 percent starting in January, the Social Security Administration announced Wednesday. That’s a tad higher than this year’s 1.5 percent increase. It’s also the fourth straight year that the cost-of-living adjustment was below 2 percent for nearly 59 million retirees, disabled workers and their families. The adjustment amounts to about $22 a month for those who receive the average monthly benefit of $1,302. >> See AARP CEO Jo Ann Jenkins’ statement on the COLA “The …

Arkansas Senate Candidates Brawl Over Medicare, Social Security

In their final scheduled debate, Arkansas’ two major-party candidates for the U.S. Senate vigorously slashed each other on Social Security and Medicare issues. “The game plans for both men were plain as day — [Rep. Tom] Cotton repeatedly tied [Sen. Mark] Pryor to President Obama, while Pryor said Cotton was beholden to big-money interests who didn’t share the same goals as Arkansans,” a visiting newspaper columnist wrote of the Oct. 14 exchange in Fayetteville. In contrast to recent Senate debates in other …

Virginia Senate Candidates Spar Over Social Security, Medicare

In their final scheduled debate before Election Day, Virginia’s two major-party candidates for the U.S. Senate sparred over their records on Social Security and Medicare while voicing similar views on steps needed to address their long-term financing. The debate, held in Richmond on Oct. 13 and televised statewide, was cosponsored by AARP Virginia, whose president, Bob Blancato, asked the candidates how they would protect the programs. “If you are 47 years old or younger … you are looking at getting …

Medicare Open Enrollment: 3 Things to Know

Don’t miss the once-a-year opportunity to make changes to your Medicare plan. It’s that time of year again: Medicare Open Enrollment runs from Oct. 15 through Dec. 7. By now you should have received your Annual Notice of Change packet of information in the mail. It’s so important to take the time to sit down and review this information to see if you need to make any changes for next year. “Whether you have original Medicare or a Medicare Advantage plan, …

W.Va. Senate Candidates Call for Lifting Social Security Salary Cap

West Virginia’s two major-party candidates for the U.S. Senate support raising the Social Security wage base limit from its current level of $117,000, and in an Oct. 7 debate both voiced concern over the long-term financing of the program. “I am supportive of raising the cap to $240,000” or in that vicinity, said West Virginia Secretary of State Natalie Tennant, a Democrat. “I would be willing to raise the cap over $200,000,” said U.S. Rep. Shelley Moore Capito, her Republican opponent. …

Poll: In Close Senate Races, Older Voters Lean Slightly to GOP

In 12 states with competitive Senate races, older voters lean slightly more Republican than younger voters, according to a poll for National Public Radio. But the margins are narrower than those in nationwide polls conducted a few weeks ago. In the NPR poll, likely voters ages 50 to 64 split 50 percent for Republicans and 45 percent for Democrats — and among those 65 and older, the split was 50 percent to 43 percent. Overall, voters in the 12 states …