March 2013 Newsletter

Planning Your Financial Future March 2013
The days are getting a little longer, the sun is a little brighter.  Spring is on its way! But don’t forget that it’s still March.  Snowstorms are still possible, so don’t put that shovel away just yet.
Cost-of-Living Adjustments: What They Are and Why They Matter
The rising costs of food, gas, electricity, and health care can strain anyone’s budget, but cost-of-living adjustments, or COLAs, are especially valuable to retirees and others living on fixed incomes.
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Looking Backward and Forward on Entitlement Programs
Last year’s presidential election, along with the more recent fiscal cliff and debt ceiling negotiations, have put the spotlight on our nation’s tax policy, deficit, and entitlement programs. For some, entitlement programs are necessary–a social compact for America. For others, entitlements are jeopardizing our country’s fiscal health and creating an “entitlement lifestyle.” No matter where you stand in the debate, do you know the basic facts on entitlements?
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Looking Backward and Forward on Entitlement Programs
Last year’s presidential election, along with the more recent fiscal cliff and debt ceiling negotiations, have put the spotlight on our nation’s tax policy, deficit, and entitlement programs. For some, entitlement programs are necessary–a social compact for America. For others, entitlements are jeopardizing our country’s fiscal health and creating an “entitlement lifestyle.” No matter where you stand in the debate, do you know the basic facts on entitlements?
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How can my child get a better financial aid package?
Is it possible to request a more favorable aid package? The answer is yes. Financial aid administrators have the authority to exercise “professional judgment” to reduce the loan portion of an aid award and increase the grant, scholarship, and/or work-study component. Your chances of prevailing are best in two situations.
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Cartoon: Higher Education Costs
Higher education costs are nothing to laugh at!
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