David Lerner Associates: 2013 Social Security COLA Less Than Half of 2012 Amount
The Social Security Administration (SSA) announced that the Social Security cost-of-living adjustment (or COLA) for 2013 will be just 1.7% -- less than half of the adjustment that was made for 2012.
David Lerner Associates: Why You Could Be on the Hook for Your Parent's Long-Term Care
Call it the new baby boomer challenge, but adult children may very well find themselves legally responsible for the costs of their aging parent’s long-term care.
David Lerner Associates: Retirement Plan Contribution Limits Increasing for 2013
Each year the federal government considers making inflation adjustments to the maximum amount of money that can be contributed annually to qualified retirement plans like Individual Retirement Accounts (IRAs) and 401(k)s. The IRS announced that the annual contribution limit for IRAs would be increasing in 2013 for the first time in five years.
David Lerner Associates : How Grandparents Can Help Save For College
With the cost of college continuing to rise faster than the rate of inflation, getting a college degree has become increasingly difficult for many American families. Some families are turning to grandparents to help ease the college savings financial burden
David Lerner Associates: Complaints about Hidden Medicare Costs
Some seniors have complaints that despite what they thought would be the case, Medicare does not cover all of their healthcare costs..
David Lerner Associates News: 2014 Social Security COLA Is.1.5 Percent
In October the SSA announced that the Social Security Cost-of-Living (COLA) in 2014 will be 1.5 percent, down slightly from the 1.7 percent increase in 2013.
David Lerner Associates News: Is a College Degree Still Worthwhile?
Many Americans are starting to question the value of a college degree. A recent study seems to indicate that a college degree is indeed worthwhile.
David Lerner Associates: Does it Cost More to be a Woman in 2015?
Many areas of women's lives are in the spotlight during International Women's month. One important factor that has still not been achieved in the US is financial equality - as witnessed by the responses to Patricia Arquette's passionate plea for equal pay for equal work in her acceptance speech at the 2015 Oscars