Franklin, M. B (2018) 2019 Social Security cost-of-living adjustment now expected to be 2.8 percent. Investment News.. Retrieved from https://www.investmentnews.com/article/20180914/BLOG05/180919949/2019-social-security-cost-of-living-adjustment-now-expected-to-be-2
This article predicts an increase of about 2.8 percent in 2019. This is lower than an earlier projection of 3 percent. Despite this, the author notes that this adjustment is the highest recorded in the past seven years. This is usually confirmed after the reading of the August announcement of the consumer price index. The official announcement is then made by the Social Security Administration. Retirees who delay their payment are able to earn an extra 8%. The article also shows avenues of surpassing the charges. This includes the occurrence of a life changing event such as a long illness or death of a spouse or even divorce. All this changes must have occured after the most recent tax return.
Delegate your assignment to our experts and they will do the rest.
This article is relevant because it brings out the impact of the adjustment on retiree benefits. It also highlighted the other factors that may affect the government's ability to fully adjust the payment terms. They include natural disasters and the other economic responsibilities that must be fulfilled. Their is also an observation that the Medicaid cover had put a dent in the income of the residents as well as in the government expenditure. The adjustment will cushion the members against this move.
The author is competent to write about this topic as she is an expert on Social Security issues. She is a former retirement and tax editor who thrives on dissecting research and explaining its benefits and implications. She has also served as an editor on other publications. This increases the quality of the article as it combines editorial excellence with financial literacy. The updated nature of the information presented makes the article to be of the greatest relevance. This is because it provides actionable information.
Jennings, P. R., Jennings, W. P., " Phillips, G. M. (2016). An Introduction to Cost-of-Living Adjustments in Public Retirement Plans: Details Matter. American Journal of Business Education , 9 (3), 129-136.
This article points out the small differences in adjustments. The subtle changes are the key to a successful or unsuccessful retirement plan. The three authors from the California State University simulate the impact of various retirement plans. They compare the risks associated with each as well as the possibility that funds will be exhausted before the retirees get their ultimate pay out. The outcome of this simulation is the production of a teaching note that allows other players to make relatively sound predictions.
This article is mist relevant in providing a teaching tool for instructors. Additionally, it reduces the ambiguity that is caused by a lack of guidelines. The article enhances the readers knowledge on general policy that is used in the production of retirement plans. The article is beneficial to other supporting units that contribute to the overall success of the cost of living adjustment plans. In addition to policy, they benefit public administration classes, human resources personnel and economic units. Observant learners will also develop an internal mechanism to determine the effects of the current economic climate.
The authors of the article are seasoned professionals who have a lifetime experience of researching on such information. Their presentation is build from the experience of years and from the current application of financial trends and economic development. The quality of the paper is also raised by the professional presentation of the authors.
Mc Canon, T. (2018) Cost-of-living Adjustment (COLA). Inflation Data. Retrieved from https://inflationdata.com/articles/cost-of-living/costofliving-adjustment-cola/
The author uses a combination of data from the calculations made from social security and retirement plans. The article explains that the adjustment or increase is applied based on aspects such as the consumer price index. The author also points out different terms that are relevant to inflation and to cost of living adjustment. The article borrows from findings presented by the Bureau of Labor Statistics, to emphasize the need to use the consumer price index in relation to the cost of living indexes.
This article is relevant to the topic because it presents the issue from a practical approach. The article cites examples of various phenomena that affect the investors and how inflation can be countered in various ways. The artice is also relevant because it shows the various clauses that have been used with varying levels of success. Its soecific calibration fir consuners over the age of 60 because if their unique needs. The definitions also help in clarifying terms and conditions. Finally, it is relevant because it includes recommendations anand guidelines for the entire calculation and navigation.
The author is an investor who counters the effects of inflation by investing in gold. He has a history of buying and selling gold stocks for over ten years. Additionally, he has been writing about money matters since 2003. He is knowledgeable about issues such as the stock exchange, bonds, gold and inflation. This specific website receives support from the Elliott Wave University. This is because the university is up to date on issues pertaining to inflation as well as the Elliott Wave analysis. The author is therefore qualified to write on issues that are based on inflation.
Robert's, M. (2019) Cost-of-Living Adjustment (COLA). The Balance Careers. Retrieved from https://www.thebalancecareers.com/cost-of-living-adjustment-1669445
The author describes the purpose of the cost of living adjustment. He outlines how it is calculated and how its purpose is used to make equitable living. With the changing dynamics and the regional differences, the author outlines how firms with a global outreach handle cost of living adjustment. He also compares the use of merit based raises compared to non merit based raises that are consumer related. Other considerations that he includes are the clerical workers and the urban wage earners. The article points out the advantage that the workers in the public sector have because their adjustment is almost guaranteed. Workers in the private sector depend on the good will of the employer because the adjustment is not mandated by the law. Other observations in the article include the advantage of working under a trade union that allows negotiations.
This article is relevant because it brings out the disputes in enforcing cost of living adjustment. They include enforced changes and raises on some caliber of employees, while others are not considered. The impact on federal employees is also highlighted by the disparity in the adjustment on Federal Employees Retirement System compared to the Civil Service Retirement System. The quality of the article is acceptable although it could be higher. The author could have included recommendations to change the law in order to protect the individuals in the private sector. The practices of the private sector in adjustments could also have been outlined.
The writer is a financial analyst with over 5 years experience on money matters. He is knowledgeable about the US job market. This gives him a clear perspective on the actual issues that affect the savings and investments. The author also has a sound academic background that spans across adult training program, project management, policy writing and legislative analysis. This combination of skills make the article accurate in content and relevance.
