Personal Finance Advice and Commentary

Thursday, May 05, 2011 3:05 pm
By Jennie L. Phipps · Bankrate.com

The “Notch Babies” aren’t giving up. Notch Babies are the approximately 4 million people born between 1917 and 1921 — ages 85 to 90. In 1972, Congress linked Social Security to the Consumer Price Index to protect it from inflation. Someone made an error in the formula, so benefits were too high. The error was