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Darrell G (MN) 
Orange Level
Joined: 11 Sep 2009
Location: Green Isle MN
Points: 1496
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 Topic: COLA
Posted: 25 Dec 2021 at 4:52pm |
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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: 31067
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Posted: 25 Dec 2021 at 5:03pm |
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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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Posted: 25 Dec 2021 at 6:30pm |
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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: 8106
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Posted: 25 Dec 2021 at 6:50pm |
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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: 31067
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Posted: 26 Dec 2021 at 5:55am |
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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: 4664
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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
Orange Level
Joined: 08 Dec 2015
Location: Gilman, Il
Points: 5928
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Posted: 26 Dec 2021 at 7:50pm |
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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: 81128
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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.
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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: 31067
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Posted: 28 Dec 2021 at 5:13am |
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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)
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Joined: 11 Sep 2009
Location: illinois
Points: 81128
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Posted: 28 Dec 2021 at 9:47am |
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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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