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For 2015: Social Security Benefits Increase $22 Per Month. 401K Contribution Limit Goes to $18,000

edited October 2014 in Off-Topic
For several years now the COLA increase in Social Security has been miniscule. We can debate whether the government inflation numbers used to index SS are realistic. But, assuming they are, $22 isn't likely to raise anybody's standard of living appreciably.
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Social Security: http://www.usatoday.com/story/money/personalfinance/2014/10/22/social-security-cola-increase/17738447/

401K: http://www.marketwatch.com/story/401k-contribution-max-to-rise-to-18000-for-2015-2014-10-23

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