• Cost of Living Adjustment increases 2.8% in 2019, Contribution Base increased to $132,900

    6 days ago - By Calculated Risk

    With the release of the CPI report this morning, we now know the Cost of Living Adjustment , and the contribution base for 2019.
    From Social Security: Social Security Announces 2.8 Percent Benefit Increase for 2019
    Social Security and Supplemental Security Income benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today.
    The 2.8 percent cost-of-living adjustment will begin with benefits payable to more than 62 million Social Security beneficiaries in January 2019. Increased payments to more than 8 million SSI...
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  • Gold Rallies As Stocks Get Whacked

    Gold Rallies As Stocks Get Whacked

    6 days ago - By ETF Daily News

    From Adem Tumerkan : This morning, just as I had published my latest macro-piece - ‘Ground Zero': Will the Dollar Shortage Kick Off The Next Financial Crisis? - I watched the market get whacked .
    The DOW collapsed roughly 3.3% - more than 800 points.
    But honestly - I wasn't surprised. This was bound to happen.. .
    As ‘real' rates begin rising - which finally began a few days ago - the market and economy will start feeling the tightening.
    Plus, the longer equities stayed at extremely high levels , the more ‘tail-risk' there was.
    But something else happened today that's extremely rare and did...
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  • Social Security recipients and other beneficiaries will get 2.8 percent increase next year

    6 days ago - By Chron

    WASHINGTON - Social Security recipients and other beneficiaries will get 2.8 percent increase next year.
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