I think there may be a few here who this may affect....


WASHINGTON — The Social Security Administration announced Wednesday that recipients will receive a nearly 6 percent increase in benefits next year.

The boost in benefits, which will affect nearly 70 million people, is being fueled by a spike in inflation caused by supply chain bottlenecks, worker shortages and other economic disruptions from the Covid pandemic.

The larger checks will begin to arrive for most recipients in January.


NBC News

---

Northern California Coast

Rents will go up 10.9%.

One or two of us, yes...

---

Disclaimer: This post is checked for correct spelling, punctuation, and grammar. Any attempts at humor are solely the responsibility of the author and bear no claim that any and all readers will approve or appreciate said attempt at humor.
My name is DP, and I approve this message.

"Show me the man and I’ll show you the crime."- Lavrentiy Beria

....no....6.9.....???

---

_____________________________________

I reject your reality and substitute my own!

5.9% will be devoured by the 2022 Medicare premiums!

"I'm giving you a $50 raise but your 'free' uniforms will be $60."

gee, thanks

---

39°36'17"N 75°44'43"W

DuckDuckGo
The search engine that doesn't track you.

DemComm Records 2021 Greatest Hits
includes:
Taxman by Joe & Nancy's Rich Ice Cream Band
The Humpty Dance by The Harris-Brown Hookup
Lets Spend The Night Together by The Fang-Swalwell Gang
Díaz-Canel Is A Friend of Ours by The AOC Squad
My Old Kentucky Retirement Home by MitchMcC & The Soggy Boxer Boys
Burning Down The House by Merrick & The Goons
Back In the USSR by Bernie's Red Square Trio

Exactly - Medicare payments will go up 6%

Part B would go up $10 a month for 2022, driving the Part B premium to around $158.50 a month. For 2021, the Part B premium is $148.50 a month.

According to USA Today ‘For the average retiree who got a monthly check of $1,565 this year, the bump means an additional $92 a month in 2022, boosting the typical payment to $1,657.’



Edited 1 time(s). Last edit at 10/13/2021 02:13PM by Forrest.

WooHoo.
I am set to start taking my SSI in January.
I am starting a little before my “full retirement date” so that I can have my Medicare, which I will become eligible for in January, deducted from the SSI instead of having to pay out of pocket.

---

Roswell, GA (Atlanta suburb)

Guess now I'll have to wait til January to book the open seat on the next BezoShip.

Mine goes to 11.

And of course, Social Security "income" is taxable.even though we paid taxes on those dollars when we earned them.

Quote
testcase
And of course, Social Security "income" is taxable.even though we paid taxes on those dollars when we earned them.

Remember when Billionaire Club members use to make that argument? Seems they found a way around it that's not open to us.

Inflation is going to wipe out that increase.

Quote
macphanatic
Inflation is going to wipe out that increase.

Of course, it’s a COLA, that’s exactly how it is supposed to work.

---

Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.

.....why no....diet....COLA.....???

---

_____________________________________

I reject your reality and substitute my own!