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Dec 30th, 2023
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 SS Raise ?
#15261987
12/02/24 02:51 PM
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Joined: Oct 2001
Posts: 15,685
Mo
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2001
Posts: 15,685 |
Just got my love letter from SS , After a 2.5 % raise ? , my net total for next year is down $140 per month. . Thanks alot  MO
 MY BACKYARD , 20,000 ACRES , NO MOWING 
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Re: SS Raise ?
[Re: Mo]
#15261988
12/02/24 02:53 PM
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Joined: Nov 2022
Posts: 6,027
Grasshopperglock
TFF Celebrity
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TFF Celebrity
Joined: Nov 2022
Posts: 6,027 |
Veterans get the same. I'm expecting my rent to go up. Around 2.5% of up.
not Funny how that works.
Last edited by Grasshopperglock; 12/02/24 02:54 PM.
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Re: SS Raise ?
[Re: Mo]
#15262061
12/02/24 04:19 PM
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Joined: May 2010
Posts: 5,240
2014NITROZ-7
TFF Celebrity
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TFF Celebrity
Joined: May 2010
Posts: 5,240 |
But now for the good news, Medicare went up more than SS increase.
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Re: SS Raise ?
[Re: 2014NITROZ-7]
#15262205
12/02/24 07:04 PM
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Joined: Oct 2001
Posts: 15,685
Mo
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2001
Posts: 15,685 |
But now for the good news, Medicare went up more than SS increase. that's my point, It would have been nice to break even MO
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: SS Raise ?
[Re: Mo]
#15262211
12/02/24 07:09 PM
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Joined: Dec 2003
Posts: 41,101
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 41,101 |
Didn't they drop about $5 last year? They go up, they go down and either way its cheap IMO.
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Re: SS Raise ?
[Re: Mo]
#15262215
12/02/24 07:15 PM
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Joined: Apr 2010
Posts: 27,678
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 27,678 |
Social Security needs to be optional moving forward for anyone under 50. No changes for anyone over 50. If you want to pay in and get social security, keep it as is with lower benefits (since current benefits level not sustainable). If you're under 50 and you want out, you get your 6% back plus the company's 6% back in salary and no social security benefits. Anything you've paid in up til now is a donation. As it is, only a small portion of the country actually comes out ahead from what they put in.
Life can only be understood backwards; but it must be lived forwards.
- Soren Kierkegaard
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Re: SS Raise ?
[Re: patriot07]
#15262224
12/02/24 07:22 PM
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Joined: Aug 2006
Posts: 19,816
COFF
TFF Guru
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TFF Guru
Joined: Aug 2006
Posts: 19,816 |
Social Security needs to be optional moving forward for anyone under 50. No changes for anyone over 50. If you want to pay in and get social security, keep it as is with lower benefits (since current benefits level not sustainable). If you're under 50 and you want out, you get your 6% back plus the company's 6% back in salary and no social security benefits. Anything you've paid in up til now is a donation. As it is, only a small portion of the country actually comes out ahead from what they put in. I'm all about this. If you factor in potential gains on the withheld amount, then we pay about $3 for every dollar we stand to make from SS. Give me that $$ and let me put it into my 401K.
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Re: SS Raise ?
[Re: patriot07]
#15262232
12/02/24 07:33 PM
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Joined: May 2002
Posts: 96,422
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 96,422 |
Social Security needs to be optional moving forward for anyone under 50. No changes for anyone over 50. If you want to pay in and get social security, keep it as is with lower benefits (since current benefits level not sustainable). If you're under 50 and you want out, you get your 6% back plus the company's 6% back in salary and no social security benefits. Anything you've paid in up til now is a donation. As it is, only a small portion of the country actually comes out ahead from what they put in. Good plan, but will never work. GW Bush pushed this and the Left came unglued. They felt that if it was optional, then n'er-do-well libtards would of course blow their money on hard liquor and meth and when they hit 65, they would have nothing. You and I would think, well, too bad for you idiots. But the Left loves social programs and getting subjects hooked into the Government handout plantation. Today, libtards are even worse, more dependent on the Government handouts than ever. They are not smart enough to save money on their own.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2025/01/full-1606-257096-f106langleyuse2.jpg) ![[Linked Image]](http://storage.proboards.com/301739/images/59Zi67J3Dhm1xCemT6hS.gif)
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Re: SS Raise ?
[Re: Bob Davis]
#15262248
12/02/24 07:56 PM
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Joined: Apr 2010
Posts: 27,678
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 27,678 |
Social Security needs to be optional moving forward for anyone under 50. No changes for anyone over 50. If you want to pay in and get social security, keep it as is with lower benefits (since current benefits level not sustainable). If you're under 50 and you want out, you get your 6% back plus the company's 6% back in salary and no social security benefits. Anything you've paid in up til now is a donation. As it is, only a small portion of the country actually comes out ahead from what they put in. Good plan, but will never work. GW Bush pushed this and the Left came unglued. They felt that if it was optional, then n'er-do-well libtards would of course blow their money on hard liquor and meth and when they hit 65, they would have nothing. You and I would think, well, too bad for you idiots. But the Left loves social programs and getting subjects hooked into the Government handout plantation. Today, libtards are even worse, more dependent on the Government handouts than ever. They are not smart enough to save money on their own. It's for sure a pipe dream.
Life can only be understood backwards; but it must be lived forwards.
- Soren Kierkegaard
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Re: SS Raise ?
[Re: Mo]
#15262260
12/02/24 08:12 PM
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Joined: Feb 2007
Posts: 31,170
Gusick
TFF Guru
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TFF Guru
Joined: Feb 2007
Posts: 31,170 |
2.5 is a bigger raise than I'm getting next year.
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Re: SS Raise ?
[Re: Gusick]
#15262507
12/03/24 01:39 AM
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Joined: May 2011
Posts: 35,488
1ShotNoKills
TFF Guru
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TFF Guru
Joined: May 2011
Posts: 35,488 |
2.5 is a bigger raise than I'm getting next year. TWSS
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Re: SS Raise ?
[Re: 2014NITROZ-7]
#15262551
12/03/24 02:33 AM
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Joined: Dec 2004
Posts: 5,049
joebass2
TFF Celebrity
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TFF Celebrity
Joined: Dec 2004
Posts: 5,049 |
But now for the good news, Medicare went up more than SS increase. Help me understand that.. SS COLA is 2.5%. If your SS is $2000/month this year, your increase is $50/month for 2025 and medicare part B is going up $10/month in 2025
Last edited by joebass2; 12/03/24 02:35 AM.
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Re: SS Raise ?
[Re: Mo]
#15262574
12/03/24 03:05 AM
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Joined: Mar 2017
Posts: 1,859
pchapin
Extreme Angler
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Extreme Angler
Joined: Mar 2017
Posts: 1,859 |
My SS increase is $96.69 per month
Medicare Part B increase is $10.30 per month
Medicare Part D decrease is $0.50 per month
Net $86.89 increase per month
Out of pocket drug cost max is $2,000
Last edited by pchapin; 12/03/24 03:06 AM.
'It gets sucked in'
P01135809
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Re: SS Raise ?
[Re: Mo]
#15262769
12/03/24 02:10 PM
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Joined: Feb 2008
Posts: 15,216
DanXB-21
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 15,216 |
Well, look at the bright side... They could announce tomorrow that SS is bankrupt and they're ditching the program altogether... SS was set up as supplement to your other income. It was never intended as an only source of retirement income... Dan
"The problem with having a sense of humor is often that people you use it on aren't in a very good mood"...
Lou Holtz
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Re: SS Raise ?
[Re: Mo]
#15262800
12/03/24 02:43 PM
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Joined: Mar 2007
Posts: 3,192
TPACK
TFF Team Angler
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TFF Team Angler
Joined: Mar 2007
Posts: 3,192 |
I`m just glad I get any social security $$ at all. I always thought it would go bankrupt before I got a dime. Living the dream.
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