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COLA

Printed From: Unofficial Allis
Category: Other Topics
Forum Name: Shops, Barns, Varmints, and Trucks
Forum Description: anything you want to talk about except politics
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=185332
Printed Date: 27 Sep 2024 at 8:28pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com

Topic: COLA

Posted By: Darrell G (MN)
Subject: COLA
Date Posted: 25 Dec 2021 at 4:52pm

Has anyone received noticed to what our COLA is on SS?

Replies:

Posted By: DMiller
Date Posted: 25 Dec 2021 at 5:03pm

Mine was 5.6%, due to inflation I lose close to 2%

Posted By: dee_veloper
Date 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

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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.

Posted By: DougG
Date 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

Posted By: DMiller
Date Posted: 26 Dec 2021 at 5:55am

I forgot to note the Medicare rise in my post, part of the inflation.

Posted By: WF owner
Date 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 !

Posted By: Wayne180d
Date 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.

Posted By: steve(ill)
Date 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.

Posted By: DMiller
Date 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.

Posted By: steve(ill)
Date 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.

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Like them all, but love the "B"s.