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The annual COLA is tied to the rise in inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers, maintained by the U.S. Bureau of Labor Statistics. Inflation has been at record lows in most of the seven years since 2009, averaging just 1.2 percent. In the decade prior to 2009, COLAs averaged more than 3 percent. And although low inflation can be helpful to younger wage earners and workers, "it's not always a boon for people receiving Social Security benefits," says Ed Cates, Chairman of TSCL..According to Politico, "At least 10 caucus moderates are signaling opposition to Democrats' drug pricing negotiation bill - more than enough to potentially force House Speaker Nancy Pelosi into dropping the reforms from [President Biden's] infrastructure legislation Democrats hope to pass along party lines. Pelosi can only spare two Democratic defections on partisan legislation because of the party's slim House majority.".According to TSCL's 2021 study of typical retiree costs, the average Medicare recipient can expect to spend more than ,000 per month on healthcare costs this year. Considering that the average retiree benefit is just ,550 per month, that doesn't leave much wiggle room for everything else in a year of spiraling inflation. Paying for food gasoline, or home and auto insurance is more challenging this year than it has been in 13 years..They believe we should consider increasing future Social Security benefits.."The FDA's action came despite a 10-0 vote in November against approval by its panel of expert advisers, who were dubious that data from two clinical trials showed the drug was effective in early Alzheimer's patients with mild cognitive impairment; three members resigned in protest from the panel last week. The surprising decision leaves doctors turning back to data from those trials, which had conflicting results: One barely met its primary endpoint, and the other did not. As if that is not confusing enough, the mental decline that is considered an early sign of Alzheimer's disease is also present in other age-related disorders, which makes it hard to discern which patients have the disease.".How do they claim benefits if the law prohibits illegals from collecting?.The CBO option would change the taxation of Social Security to be more like distributions from defined benefit pension plans. Those distributions are fully taxable except for the portion that represents the recovery of "basis," or what an employee paid in - that is, his or her after-tax contributions to the plan. Once the recipient has recovered his or her entire "basis" all subsequent pension distributions are fully taxed..Seniors born from 1917 through 1926, known as "Notch Babies" receive lower Social Security benefits than other retirees with almost identical earnings histories. Do you support Notch Reform legislation that would provide a choice of ,000 payable in four annual installments or an improved monthly benefit?.Social Security recipients will get 2% cost-of-living adjustment effective January 201But despite it being the largest increase in five years, the news is being met with frustration from millions of retiree households who won't see any of the raise, primarily due to rising Medicare Part B costs.