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COLA |
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Darrell G (MN) ![]() Orange Level ![]() ![]() Joined: 11 Sep 2009 Location: Green Isle MN Points: 1496 |
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Has anyone received noticed to what our COLA is on SS?
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DMiller ![]() Orange Level Access ![]() Joined: 14 Sep 2009 Location: Hermann, Mo Points: 29926 |
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Mine was 5.6%, due to inflation I lose close to 2%
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dee_veloper ![]() Orange Level ![]() Joined: 12 Apr 2021 Location: USA Points: 1168 |
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The Social Security Administration announced the biggest annual cost-of-living adjustment in the last four decades with a 5.9% boost on checks for 2022
Edited by dee_veloper - 25 Dec 2021 at 6:31pm |
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Don't confuse my personality with my attitude.
My personality is who I am. My attitude depends on who you are. |
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DougG ![]() Orange Level ![]() Joined: 20 Sep 2009 Location: Mo Points: 7984 |
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Talked to My Dad today, said he got a raise of 160,, then insurance went up too- so they got there money back- what a racket
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DMiller ![]() Orange Level Access ![]() Joined: 14 Sep 2009 Location: Hermann, Mo Points: 29926 |
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I forgot to note the Medicare rise in my post, part of the inflation.
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WF owner ![]() Orange Level ![]() Joined: 12 May 2013 Location: Bombay NY Points: 4445 |
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Definitely off topic, but...
A couple weeks ago, I received a check from Medicare for 10 cents. Of course it was sent via US Postal Service. Bureaucracy at it's best !
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Wayne180d ![]() Orange Level ![]() Joined: 08 Dec 2015 Location: Gilman, Il Points: 5925 |
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5.9 % but with Medicare increase and inflation adjusted I figured I lost about 4%. Government at its best.
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steve(ill) ![]() Orange Level Access ![]() ![]() Joined: 11 Sep 2009 Location: illinois Points: 78597 |
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Social Sec COLA is going up 5.9% for 2022.... so if you make $1500. a month now, you will get about $80. more in 2022...
At the same time Medicare Premium ( that the Govt takes out of your SS) is going to increase from $148 to $170. ...... or $22 a month MORE. So in the end, you will make a little MORE money on your monthly check ...... this does not take into account inflation or what you pay for ADDITIONAL Medical Coverage.
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Like them all, but love the "B"s.
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DMiller ![]() Orange Level Access ![]() Joined: 14 Sep 2009 Location: Hermann, Mo Points: 29926 |
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All the latter stated went up on mine, and the percentage is not across the board, some get the 5.9 others do not, my own was targeted at 5.6.
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steve(ill) ![]() Orange Level Access ![]() ![]() Joined: 11 Sep 2009 Location: illinois Points: 78597 |
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I have a Medicare Advantage Plan like they Hock on the TV... In my County it is $ 0. Payment per month... Covers part A & B extended and medicine... Has a limited amount of dental, vision and hearing ( maybe $2000. each?) ....Something like a $4000 out of pocket max for the year... I dont get sick or take medicine so i dont spend maybe $100. a year.
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Like them all, but love the "B"s.
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