Our daily roundup of retirement news your clients may be thinking about.

No bump likely in Social Security checks next year Retirees may receive no increase in their Social Security benefits in 2017, as the Board of Trustees of the Social Security Trust Funds says that the cost-of-living-adjustment could range between zero to 0.7%, according to this article on CNBC. "It's scary for seniors on fixed income," says an expert. "People are resigned to it being what it is: They're not getting an increase and they're cutting expenses in other places." –CNBC

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access