Bill Losey, America\u2019s Retirement Strategist\u00ae, published a new blog discussing five things you need to know about Social Security in 2014.<\/i><\/b><\/p>\n
Saratoga Springs, NY. \u2013 November 14, 2013 <\/strong>\u2013 Bill Losey, Retirement Intelligence publisher and Retirement Advisor<\/a>, recently published a blog discussing the changes to Social Security in the coming year, and what you need to know about them. The blog found on his website https:\/\/www.BillLosey.com<\/a>, is titled \u201cSocial Security 2014: 5 Things You Need To Know\u201d<\/a>.<\/p>\n In the blog, Bill discusses these five changes:<\/p>\n 1. Social Security recipients are getting a raise \u2013 but not much of one.<\/p>\n 2. Chained CPI is not yet being used to determine COLAs<\/p>\n 3. Social Security\u2019s maximum monthly benefit is increasing<\/p>\n 4. Social Security\u2019s annual earnings limit is increasing<\/p>\n 5. On the job, the wage base for Social Security taxes is rising<\/p>\n On recipients getting a raise, Bill Losey writes, \u201cNext year, the average monthly Social Security payment will increase by $19 due to a 1.5% cost-of-living adjustment, one of the smallest annual COLAs in the program\u2019s history. Since 1975, only seven COLAs have been less than 2%. Four of these seven COLAs have occurred in the past five years, however. The 2013 COLA was 1.7%.\u201d<\/p>\n \u201cHow does Social Security measure COLAs? It refers to the federal government\u2019s Consumer Price Index, specifically the CPI-W, which tracks how inflation affects urban wage earners and clerical workers,\u201d Bill continues. \u201cSocial Security looks at the CPI-W from July to September of the present year to figure the Social Security COLA for next year, so the 2014 COLA reflects the very tame inflation measured in summer 2013.\u201d<\/p>\n Read the entire blog at https:\/\/billlosey.com\/blog\/social-security-2014-5-things-you-need-to-know.php<\/a><\/p>\n Other recent blogs written by Bill Losey include “7 Retirement Assumptions Reassessed”<\/a>, “Are You Too Young for Long-Term Care Insurance?”<\/a>, and \u201c4 Ways to Avoid a Retirement Shortfall,\u201d<\/a> among others.<\/p>\n Bill Losey is a nationally known and respected retirement advisor, specializing in 401k rollover advice<\/a>, self-directed IRA rollovers, 401k direct rollovers, and many other investment and retirement strategies.\u00a0 Bill\u2019s company, Bill Losey Retirement Solutions, LLC, is an independent registered investment advisory firm that caters primarily to\u00a0couples as well as divorced and widowed women nationwide<\/em> (age 55+) who demand objective financial and retirement advice; customized, fee-only\u00a0investment management; attention to detail; and impeccable service.<\/p>\n Each issue of Bill Losey\u2019s award-winning free weekly email newsletter, Retirement Intelligence\u00ae, <\/em>reveals\u00a0how-to-articles, secrets,\u00a0investment ideas, a “Joke Of The Week”,\u00a0fitness and\u00a0diet\u00a0tips,\u00a0and promotes upcoming seminar dates to keep subscribers \u201cin-the-know.\u201d\u00a0 Bill and his staff seek to provide informative and entertaining information readers can use to simply and confidently enhance their health, wealth and happiness.<\/p>\n Bill is also a contributing author for MarketWatch Retirement<\/a> \u2013 a section of MarketWatch.com launched by The Wall Street Journal Digital Network in November of 2012. Featuring news, advice and analysis targeted towards people saving for retirement, those who should be, and those already retired, this section brings together the expertise of MarketWatch\u2019s retirement reporters and columnists.<\/p>\n To learn more about Bill Losey Retirement Solutions, please visit https:\/\/www.BillLosey.com<\/a> and http:\/\/www.MyRetirementSuccess.com<\/a>.<\/p>\n About<\/strong> Bill Losey, CFP\u00ae, CSA<\/strong><\/strong><\/p>\n America\u2019s Retirement Strategist\u00ae<\/strong><\/p>\n Bill Losey, CFP\u00ae, caters to women and couples (age 50-80) who seek to reduce post-retirement risk and generate a predictable, sustainable, increasing stream of retirement income they won\u2019t outlive.\u00a0 As a qualified professional in the areas of retirement strategies, personal finance and investment management, Bill has been seen and heard on hundreds of TV and radio stations such as FOX News, NPR, CBS News, CNBC, Business Week, TIME, AARP, U.S. News & World Report, and Oprah & Friends.<\/p>\n Bill has over 20 years experience in the financial services industry and is a Certified Financial Planner\u2122 practitioner and Certified Retirement Coach.\u00a0 He is the owner of Bill Losey Retirement Solutions, LLC, a fee-based registered investment advisory firm serving a small nationwide clientele.\u00a0 Bill is the author of\u00a0Retire in a Weekend! The Baby Boomer\u2019s Guide to Making Work Optional<\/em><\/strong><\/a>\u00a0and he publishes Retirement Intelligence\u00ae<\/em><\/strong><\/a>, a free, weekly, award-winning newsletter that reaches over 5,000 subscribers worldwide.\u00a0 Formerly, Bill was the \u201cresident retirement expert\u201d on CNBC\u2019s \u201cOn the Money\u201d television program.<\/p>\n In his leisure time, Billy, as his friends call him, loves to sing.\u00a0 He is an accomplished vocalist and has performed the National Anthem at Madison Square Garden, the Pepsi Arena, and other sporting venues.\u00a0 Currently Bill is the lead singer of a vocal duo called\u00a0The New York Lounge Lizards<\/strong><\/a>. He has been married for nearly 25 years to his wife Tori.\u00a0 Together they have three sons, two dogs, and one fish.<\/p>\n