Early Estimates Point to Lower Social Security Cost-of-Living Adjustment for 2027
Social Security delivered a 2.8% cost‑of‑living adjustment (COLA) for 2026, boosting benefits by roughly $56 per month. Early government inflation data suggest the 2027 COLA could be markedly lower, with estimates ranging from 1.2% to 3.1%. Analysts warn that a modest increase would strain retirees already coping with high health‑care costs. The Congressional Budget Office projects a 3.1% rise for 2027, followed by 2.5% in 2028, reflecting broader fiscal pressures.
Medical Emergencies Can Lead to Debt and Bankruptcy — Even for Insured Americans
A new Health Affairs study of nearly 13,000 trauma patients shows that even insured Americans face sharp rises in medical debt and bankruptcy after serious injuries. Within 18 months, the share of patients with debt in collections grew 5.2 percentage...
Student Loan Complaints Hit Record High, CFPB Finds — but the Watchdog Agency Omits Details
Federal student‑loan borrowers filed a record 18,400 complaints to the CFPB for the year ending June 2025, a 36% increase over the prior year. The agency’s 21‑page report, released in January, omitted the detailed breakdown of complaint types, servicers involved, and...
Following Super Bowl Ad, Trump Accounts Launch a New Sign-Up Option
The Treasury announced a new enrollment pathway for Trump accounts following a Super Bowl 60 commercial. Parents can now submit IRS Form 4547 online via TrumpAccounts.gov or attach it to their 2025 tax return to claim a $1,000 seed deposit for...
