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Tag: social security

Real Value of your FICA “contributions” now

Posted on January 14, 2020January 27, 2020 by John Nash

Use the sheet to learn how much money you should have right now. Locate your FICA wage data in your Social Security statement column labeled “Taxed Social Security Earnings” and enter it in that spreadsheet next to each year that you worked. The bottom line shows how much our mutual fund would be worth today had that money been invested.

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SS & SSI COLA Biggest in Seven Years

Posted on January 7, 2019 by John Nash

The Social Security Administration has announced a 2.8% increase in Social Security and Supplemental Security Income (SSI) benefits for 2019. This increase will benefit more than 67 million Americans. This cost-of-living adjustment (COLA) is the largest in seven years. 

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