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Most Online39,925 Dec 30th, 2023
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Net Social Security for 2024
#14867897
10/16/23 02:48 PM
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Joined: May 2008
Posts: 3,932
donothin
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: May 2008
Posts: 3,932 |
Looks like my social security payment will increase about $1,000 but medicare payments will increase about $150 for a net of $800 plus. Problem is, that will be inflationary and probably increase the Fed rate which will affect the stock market. Just speculating.
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Re: Net Social Security for 2024
[Re: donothin]
#14867904
10/16/23 02:55 PM
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Joined: Jan 2008
Posts: 44,085
Ghost4BH
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 44,085 |
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Re: Net Social Security for 2024
[Re: Ghost4BH]
#14867909
10/16/23 02:57 PM
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Joined: May 2007
Posts: 45,491
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 45,491 |
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Re: Net Social Security for 2024
[Re: donothin]
#14867916
10/16/23 03:09 PM
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Joined: Dec 2003
Posts: 21,474
fishmagnet
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 21,474 |
DJT
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Re: Net Social Security for 2024
[Re: donothin]
#14867917
10/16/23 03:10 PM
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Joined: May 2008
Posts: 3,932
donothin
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: May 2008
Posts: 3,932 |
You should care. As a taxpayer, you will be the one paying it.
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Re: Net Social Security for 2024
[Re: donothin]
#14867918
10/16/23 03:12 PM
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Joined: Oct 2006
Posts: 105,343
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 105,343 |
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Re: Net Social Security for 2024
[Re: WAWI]
#14867921
10/16/23 03:14 PM
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Joined: Nov 2008
Posts: 26,077
elcoyote, esq.
TFF Guru
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TFF Guru
Joined: Nov 2008
Posts: 26,077 |
Team wolfs
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Re: Net Social Security for 2024
[Re: donothin]
#14867924
10/16/23 03:17 PM
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Joined: Mar 2010
Posts: 29,225
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 29,225 |
Anyone believing inflation is only 3.2% is simply delusional. 
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: Net Social Security for 2024
[Re: donothin]
#14867934
10/16/23 03:25 PM
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Joined: Sep 2008
Posts: 121,182
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,182 |
how do you get 1,000.00 from a 3.2% increase, your math sucks.
" Hop, set the hook"! hopalong 99,999 TexDawg 99,999 FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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Re: Net Social Security for 2024
[Re: T Bird]
#14867936
10/16/23 03:26 PM
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Joined: Sep 2008
Posts: 121,182
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,182 |
Anyone believing inflation is only 3.2% is simply delusional.  3.2% is just for the cpi and our ss increase, nov. 1 it will go up again to real numbers. keep it low so the increase is not as much as medicare and they still will brag about the increase.
" Hop, set the hook"! hopalong 99,999 TexDawg 99,999 FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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Re: Net Social Security for 2024
[Re: donothin]
#14867942
10/16/23 03:29 PM
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Joined: Aug 2001
Posts: 14,358
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 14,358 |
Let's go Brandon!
He's more destructive than termites, carpenter ants, Timothy McVeigh, Hurricane Camille, Godzilla, Dave Campo, and bubonic plague combined.
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Re: Net Social Security for 2024
[Re: hopalong]
#14867944
10/16/23 03:30 PM
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Joined: Dec 2004
Posts: 5,058
joebass2
TFF Celebrity
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TFF Celebrity
Joined: Dec 2004
Posts: 5,058 |
how do you get 1,000.00 from a 3.2% increase, your math sucks.
He probably is talking $1000 for the year. $2604/month*12*.032 = $1000
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Re: Net Social Security for 2024
[Re: donothin]
#14867954
10/16/23 03:41 PM
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Joined: Aug 2021
Posts: 5,398
Flip Flop Fisher
TFF Celebrity
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TFF Celebrity
Joined: Aug 2021
Posts: 5,398 |
when you write "looks like my social security payment is going up $1,000", it's a little misleading..makes it seem like your one check will go up
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Re: Net Social Security for 2024
[Re: T Bird]
#14867958
10/16/23 03:44 PM
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Joined: Jun 2002
Posts: 13,485
MBradford
TFF Guru
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TFF Guru
Joined: Jun 2002
Posts: 13,485 |
Anyone believing inflation is only 3.2% is simply delusional.  Speaking of being delusional: "Okie by birth, Texan by choice."That's not how that works.
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Re: Net Social Security for 2024
[Re: donothin]
#14867962
10/16/23 03:45 PM
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Joined: May 2002
Posts: 6,135
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 6,135 |
Benefit going up 3.2%. Medicare premium going up over 5% and income subject to social security tax going up over 5%. Fine example of Bidenomics at work.
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