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COLA

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Darrell G (MN) View Drop Down
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Joined: 11 Sep 2009
Location: Green Isle MN
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Darrell G (MN) Quote  Post ReplyReply Direct Link To This Post Topic: COLA
    Posted: 25 Dec 2021 at 4:52pm
Has anyone received noticed to what our COLA is on SS?
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DMiller View Drop Down
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Joined: 14 Sep 2009
Location: Hermann, Mo
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 25 Dec 2021 at 5:03pm
Mine was 5.6%, due to inflation I lose close to 2%
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dee_veloper View Drop Down
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Joined: 12 Apr 2021
Location: USA
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dee_veloper Quote  Post ReplyReply Direct Link To This Post Posted: 25 Dec 2021 at 6:30pm
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
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 View Drop Down
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Joined: 20 Sep 2009
Location: Mo
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DougG Quote  Post ReplyReply Direct Link To This Post Posted: 25 Dec 2021 at 6:50pm
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 View Drop Down
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Joined: 14 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 26 Dec 2021 at 5:55am
I forgot to note the Medicare rise in my post, part of the inflation.
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WF owner View Drop Down
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Joined: 12 May 2013
Location: Bombay NY
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Post Options Post Options   Thanks (0) Thanks(0)   Quote WF owner Quote  Post ReplyReply Direct Link To This Post Posted: 26 Dec 2021 at 7:13am
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 View Drop Down
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Joined: 08 Dec 2015
Location: Gilman, Il
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wayne180d Quote  Post ReplyReply Direct Link To This Post Posted: 26 Dec 2021 at 7:50pm
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) View Drop Down
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Joined: 11 Sep 2009
Location: illinois
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steve(ill) Quote  Post ReplyReply Direct Link To This Post Posted: 27 Dec 2021 at 7:37pm
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.
Like them all, but love the "B"s.
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DMiller View Drop Down
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Joined: 14 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 28 Dec 2021 at 5:13am
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) View Drop Down
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Joined: 11 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steve(ill) Quote  Post ReplyReply Direct Link To This Post Posted: 28 Dec 2021 at 9:47am
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.
Like them all, but love the "B"s.
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