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Dec 30th, 2023
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 Social Security COLA
#14192384
11/16/21 04:55 PM
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Joined: Mar 2010
Posts: 25,834
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 25,834 |
Press making a big ta-do over the 5.9% SS Cola increase beginning in Jan.2022 Here's the reality for me I will receive a whopping $63.40 monthly increase. Won't even pay for the cost to fill up my truck. 
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Social Security COLA
[Re: T Bird]
#14192389
11/16/21 05:00 PM
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Joined: May 2008
Posts: 3,825
donothin
TFF Team Angler
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TFF Team Angler
Joined: May 2008
Posts: 3,825 |
But it will be inflationary.
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Re: Social Security COLA
[Re: T Bird]
#14192452
11/16/21 05:33 PM
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Joined: Jan 2003
Posts: 5,005
RoadRunnerTR21
TFF Celebrity
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TFF Celebrity
Joined: Jan 2003
Posts: 5,005 |
That's probably close the the amount your medicare will go up.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2023/03/full-2660-175550-mako_blue.jpg) Light Blue 19 CPX
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Re: Social Security COLA
[Re: T Bird]
#14192463
11/16/21 05:38 PM
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Joined: May 2011
Posts: 34,693
1ShotNoKills
TFF Guru
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TFF Guru
Joined: May 2011
Posts: 34,693 |
I'm drinking Pepsi right now
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Re: Social Security COLA
[Re: RoadRunnerTR21]
#14192487
11/16/21 05:44 PM
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Joined: Jul 2012
Posts: 302
lost again
Angler
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Angler
Joined: Jul 2012
Posts: 302 |
That's probably close the the amount your medicare will go up. Yep. Medicare is going up as well as some deductibles.
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Re: Social Security COLA
[Re: T Bird]
#14192540
11/16/21 06:13 PM
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Joined: Nov 2018
Posts: 704
Lon Hagler
Pro Angler
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Pro Angler
Joined: Nov 2018
Posts: 704 |
,,,but it is transitory, just follow the science.
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Re: Social Security COLA
[Re: T Bird]
#14192558
11/16/21 06:29 PM
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Joined: Jul 2009
Posts: 7,269
dafanman
TFF Celebrity
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TFF Celebrity
Joined: Jul 2009
Posts: 7,269 |
I saw a headline yesterday indicating that medicare part b premiums will be going up 14.5%
Last edited by dafanman; 11/16/21 06:32 PM.
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Re: Social Security COLA
[Re: dafanman]
#14192568
11/16/21 06:36 PM
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Joined: Mar 2010
Posts: 25,834
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 25,834 |
I saw a headline yesterday indicating that medicare part b premiums will be going up 14.5% Just lovely ain't it!  Each year the Medicare Part B premium, deductible, and coinsurance rates are determined according to the Social Security Act. The standard monthly premium for Medicare Part B enrollees will be $170.10 for 2022, an increase of $21.60 from $148.50 in 2021. The annual deductible for all Medicare Part B beneficiaries is $233 in 2022, an increase of $30 from the annual deductible of $203 in 2021. https://www.cms.gov/newsroom/fact-s...part-d-income-related-monthly-adjustment
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: Social Security COLA
[Re: T Bird]
#14192573
11/16/21 06:38 PM
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Joined: Jun 2005
Posts: 44,554
a777pilot
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 44,554 |
Never, ever trust a Democrat on Social Security. Remember that they, Democrats, truely believe that all the money raised by the government is the government's money and Congress can spend itas they see fit.
Just wait for the Democrats to say, and some are already doing so, that all retirement money, saved by government incentives, e.g. 401k's and IRA's, belongs to the government as well. Then the Congress will tell how much of "their" money you can spend and for what. It's coming.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
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Re: Social Security COLA
[Re: T Bird]
#14192574
11/16/21 06:38 PM
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Joined: Jun 2020
Posts: 11,156
grandbassslayer
TFF Guru
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TFF Guru
Joined: Jun 2020
Posts: 11,156 |
Social security needs an opt out for those of us that don’t want it.
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Re: Social Security COLA
[Re: T Bird]
#14192577
11/16/21 06:40 PM
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Joined: Jun 2005
Posts: 44,554
a777pilot
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 44,554 |
Remember always follow the money.
Only 40% of the $1.2 trillion Intrastructure law is going to build things, the rest is going for political paybacks, i.e., going to the unions.
Last edited by a777pilot; 11/16/21 06:41 PM.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
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Re: Social Security COLA
[Re: T Bird]
#14192578
11/16/21 06:41 PM
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Joined: Jun 2005
Posts: 44,554
a777pilot
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 44,554 |
It's the golden rule. Those with the gold, rule.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
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Re: Social Security COLA
[Re: a777pilot]
#14192586
11/16/21 06:44 PM
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Joined: Apr 2021
Posts: 1,120
n2ratfishin
Extreme Angler
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Extreme Angler
Joined: Apr 2021
Posts: 1,120 |
It's the golden rule. Those with the gold, rule. True, but the government doesn't have any gold they don't take from us. Seems like a bunch of rebels sick and tired of government overreach and taxation started this little place we call America.
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Re: Social Security COLA
[Re: RoadRunnerTR21]
#14192587
11/16/21 06:45 PM
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Joined: Jul 2010
Posts: 9,520
TR176
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,520 |
That's probably close the the amount your medicare will go up. Medicare is going up about 12%. Due to Covid costs and a Alzheimer’s drug that will be covered under part B as it is given at PCP. The drug is about $60,000.00 year.
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Re: Social Security COLA
[Re: T Bird]
#14192602
11/16/21 06:59 PM
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Joined: Mar 2017
Posts: 1,343
pchapin
Extreme Angler
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Extreme Angler
Joined: Mar 2017
Posts: 1,343 |
My monthly increase is $192.07.
Medicare increase $21.60 per month
Deductible increase $30
Net increase $167.97 X 12 = $2,015.69
My drug plan went down $4
“No reasonable person would conclude that the statements were truly statements of fact”
P01135809
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