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Most Online39,925 Dec 30th, 2023
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Social Security Increase for 2023
#14504808
10/14/22 03:35 AM
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Joined: Sep 2006
Posts: 10,043
Spiderman
OP
TFF Guru
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OP
TFF Guru
Joined: Sep 2006
Posts: 10,043 |
Approximately 70 million Americans will see a 8.7% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023. On average, Social Security benefits will increase by more than $140 per month starting in January. https://blog.ssa.gov/social-security-benefits-increase-in-2023/
The Truth is six of the seven Dwarfs are not Happy!
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504816
10/14/22 03:40 AM
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Joined: Dec 2020
Posts: 4,552
Dogfish_Jones
TFF Team Angler
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TFF Team Angler
Joined: Dec 2020
Posts: 4,552 |
Which means those on fixed income will still be making less since Biden took over.
2020 Nitro Z20, Mercury 250xp 4 stroke "Sometimes I have to remind myself that it is called Fishing and not catching"
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504819
10/14/22 03:45 AM
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Joined: Aug 2006
Posts: 18,198
COFF
TFF Guru
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TFF Guru
Joined: Aug 2006
Posts: 18,198 |
So we make your stuff cost $300 more, but just remember we are giving you a $140 raise! Vote for your friendly neighborhood democrat!
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Re: Social Security Increase for 2023
[Re: COFF]
#14504826
10/14/22 03:54 AM
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Joined: Nov 2002
Posts: 54,488
RayBob
Super Freak
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Super Freak
Joined: Nov 2002
Posts: 54,488 |
So we make your stuff cost $300 more, but just remember we are giving you a $140 raise! Vote for your friendly neighborhood democrat! yep ! Vote D and take the skrewing
Advice? Wise men don't need it. Fools won't heed it.
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504840
10/14/22 04:18 AM
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Joined: Apr 2004
Posts: 14,117
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,117 |
Mine will be $250/month which will be ok until I renew my electricity contract in June.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504843
10/14/22 04:21 AM
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Joined: Dec 2003
Posts: 36,592
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 36,592 |
I will barely notice. My paltry benefit was reduced by about 2/3 since I worked for the post office.
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Re: Social Security Increase for 2023
[Re: Dogfish_Jones]
#14504847
10/14/22 04:25 AM
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Joined: Jan 2010
Posts: 19,889
Emit R Detsaw
TFF Guru
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TFF Guru
Joined: Jan 2010
Posts: 19,889 |
Which means those on fixed income will still be making less since Biden took over. Actually, mine just keeps going up and up. Going to be nice raises on the Fixed Income (Social Security, Military Pension, VA Disability) and Medicare Premium is going down. Win Win. $$$$$
May you be treated the way you treat other people, today and everyday!
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504899
10/14/22 10:18 AM
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Joined: May 2007
Posts: 41,346
Patriot Guard Rider
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 41,346 |
Fantastic.
Thanks, Joe. My monthly grocery bill has gone up about $300, and we won't even talk about gas, utilities, and almost every service industry, so that $280 for the both of us ain't going to go very far to solve the problem.
Family is everything! Life is precious. We donโt have forever. We have now. This moment. We can choose to love our lives now.
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504932
10/14/22 11:38 AM
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Joined: Sep 2008
Posts: 121,172
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,172 |
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504949
10/14/22 12:13 PM
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Joined: Sep 2005
Posts: 27,579
Uncle Zeek
aka "Dad"
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aka "Dad"
Joined: Sep 2005
Posts: 27,579 |
Was on the phone last week with an SSA agent in Denton regarding a client claim. She mentioned that Medicare premiums appeared to be going down for 2023.
I'll believe it when I see it.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate planning & tax attorney 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 mobile zac@artimlegal.com
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504951
10/14/22 12:15 PM
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Joined: Jan 2009
Posts: 8,296
Jig Man
TFF Celebrity
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TFF Celebrity
Joined: Jan 2009
Posts: 8,296 |
Yep, and insurance will go up $160.
Life is Good..<><
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14504958
10/14/22 12:24 PM
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Joined: May 2002
Posts: 5,742
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,742 |
Was on the phone last week with an SSA agent in Denton regarding a client claim. She mentioned that Medicare premiums appeared to be going down for 2023.
I'll believe it when I see it. Medicare premiums are going down 3% in 2023. Big woo when you remember that they were increased 14% in 2022.
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14505003
10/14/22 01:12 PM
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Joined: Mar 2007
Posts: 2,389
TPACK
Extreme Angler
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Extreme Angler
Joined: Mar 2007
Posts: 2,389 |
Retired on 9-8-2020 and receiving SS for the past 21 months. Got a 5.9% and an 8.7% increase the first 2 years. 14.6% increase is better than a kick in the a$$.
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14505015
10/14/22 01:26 PM
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Joined: Dec 2003
Posts: 36,592
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 36,592 |
Several just want to take a kick at the president. What actually causes inflation? Hint, when demand pushes prices up. Nobody created it as much as Covid did.
We went from -3 to 7 GNP in 2020-2021. You can look but I don't think you will ever find that in the US. At least not since I was born.
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Re: Social Security Increase for 2023
[Re: Spiderman]
#14505019
10/14/22 01:28 PM
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Joined: May 2002
Posts: 82,949
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,949 |
Yeehaw, cpi is higher than expected in Sept. I hope I get an obama phone too. It will be an overall negative gain, but the lemmings will not be able to understand. Shiny objects fascinate them.
Foxtrot Juliet Bravo
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