Social Security payments for my wife and I will increase $250

[Kaleva]

$131 increase in my monthly payment and a $119 a month increase for my wife . I'm expecting my VA pension to go up by about $10.

Hoping that others here whose main source of income is SS will also see a good increase.

[Walleye]

1. Excellent. I feel good Excellent. I feel good. I got a raise just by staying alive

[OLDMDDEM]

2. My wife and I together will get an increase of $430 per month.

[wryter2000]

3. I'm getting a substantial increase

About what you are each getting.

[MiHale]

4. The raise is nice...

Helps pay for the greenhouse.

[Hortensis]

5. Oh, what a great thing to go toward. Enjoy!

[twodogsbarking]

6. Thank you President FD Roosevelt for SS and President Biden

for defeating the man who would have fucked up SS.

[captain queeg]

9. +1000

[Cha]

11. Yes, TY FDR!!! & PJB.. yeah, Fuckhead

was itching to Steal our SS.

[captain queeg]

7. I ought to get a raise of aboit $200.

As one of the other posters I plan to live a long time and collect some of the money they’ve been taking for years.

[RussBLib]

8. The wife and I will get about $300/month more

That makes a pretty big difference.

[Cha]

10. Oh yeah.. I'm happy!

$187 Bucks..

Good on you all!

[sheshe2]

16. That is what I got!

I'm happy.

[Cha]

22. How funny.. in a

great way!

[sheshe2]

38. :)

[BlueWaveNeverEnd]

48. congrats

[Cha]

49. TY! nt

[AnotherDreamWeaver]

12. my increse is $47.

I'm 75 and glad to have someone living at my place who helps with gardening so I can go to a farmers market once a week to help with my income.

[MichMan]

13. Too bad the cost of everything went up even higher

[Chuuku Davis]

18. Correct

Better than a sharp stick in the eye though.

[DENVERPOPS]

46. Food, utilities, gasoline, everything

is SUBSTANTIALLY higher than the increase they granted. For the second year in a row, mine went down due to higher deductions for Part B???????? Oh well......................

[Kaleva]

57. We were able to adapt

We don't drive around much and I was able to keep the food budget the same by eating cheaper to make meals and buying what was on sale.

[sinkingfeeling]

14. My increase is $298.

[W_HAMILTON]

15. Why isn't your VA income going up by the same amount?

I thought they have the same inflation adjustments?

And my mom's Social Security and Aid and Attendance (from VA) are both going up by a bit over $100/mo or so, and in conjunction with me putting her on a better Medicare Advantage plan that has $0 monthly premiums, she should be seeing around $350-$400/mo extra. That is a HUGE help.

[70sEraVet]

36. I was curious about that too. I get a small monthly disability check from VA,

and Im expecting a 10% raise on that, which should be around $30.

[Dysfunctional]

17. My Social Security plus my Veterans SMC L plus my wife's Social Security

means an added $859 per month for a total monthly amount of $8526.

[Mr.Bill]

19. Yes, the extra money will help,

but anyone who thinks inflation is 8-9% hasn't bought groceries or gas in the last year.

[70sEraVet]

40. And increases in property taxes and homeowners insurance.

[Grasswire2]

20. I happened to wonder if those on SNAP will see a DECREASE in those benefits.

That would be very sad.

SNAP benefits are based on income, and beneficiaries must claim any increase.

Did anyone think about this aspect?

[Elessar Zappa]

37. I haven't seen my SNAP benefits decrease.

Every year I get the SS cost of living increase and so far my food stamp benefit hasn’t suffered. It could be different this year as the increase is much larger than usual.

[Grasswire2]

51. right

would be sad for many people if that does happen

[Randomthought]

21. About $400 per month

That just covers the increase in mortgage from the property tax increase.

[Old Crank]

23. Medicare part B rates dropped a little also.

I don't get part B her in Europe but any decrease is good news for the rest.

[Wounded Bear]

24. I'll get about $180 more according to my calculation...

we'll see the real number next month.

It'll help a bunch, TBS.

[Johnny2X2X]

25. Huge for a lot of people I know.

Disabled vet I know is seeing a $125 increase and it’s the difference for him between making it and not.

My parents will see a few hundred extra. MIL an extra $200.

[Joinfortmill]

26. 👍

[Meadowoak]

27. My increase is $170 per month.

[mountain grammy]

28. We will increase around $300/month total

plus my husband just started recieving $300/month from the VA .. disability for having type 2 diabetes and being a Vietnam vet. Automatic payment for those of you who don't know about this.

[SWBTATTReg]

29. Congrats! I am assuming that we'll get 9.7% still or has this percentage changed? Thanks!

[MLAA]

31. 8.7%. 🙂

[SWBTATTReg]

33. Ah, my mistake, thanks so much!! (and thanks for the cheerful news this week, we all could

use a good break, eh?)

[iluvtennis]

30. My increase was 8.7%. So you get the 8.7% minus the add'l amount being charge for Medicare Part B.

From the online letter I received:

Your 2023 Social Security Cost of Living Adjustment
Your Social Security benefit will increase by 8.7% in 2023 because of a rise in the cost of living. You can use this letter as proof of your benefit amount if you need to apply for food, rent, or energy assistance. You can also use it to apply for bank loans or for other business. Keep this letter with your important financial records.

[ARPad95]

32. The 8.7% increase in my monthly SS benefit amounts to $68. I started early at age 62, but my dh

will wait until age 70 for his benefit.

[70sEraVet]

42. I struggle with some online abbreviations. What does 'dh' stand for?

'Damned Husband'?

[ARPad95]

43. Dear husband, but "damned" can fit, too. ;)

[70sEraVet]

45. That's alright. You can tell ME it stands for 'Damned Husband', as long as you tell HIM

that its 'Dear Husband'!!

[ARPad95]

59. He knows he can be a d(amned)h. I don't hold back.

[Loryn]

34. I am getting almost $100 more!

My rent increase will take most of it, but I'm glad to have it.

[Trueblue1968]

35. mine will only be 69 dollars --- my medicare is going up over 100 a month

[Elessar Zappa]

39. Mine is $89.

I’m happy as I really need it. Inflation this year has killed me.

[kskiska]

41. Mine increased $169

[Rebl2]

44. I am happy

my part B Medicare payment is going down. I am not getting that big of increase in my SS though. Am on disability. Thought when I turned 65 my amount would go up more, but it decreased with Medicare part B.

[Chainfire]

47. We are getting about the same as the OP.

I am going to be asking my wife if I can spend it all on booze, drugs and loose women.

[Kaleva]

58. LoL! Let us know what she says.

I'm going to set some aside to buy 8 fruit trees for the backyard orchard

[Warpy]

50. Yes, the COLA this year was decent and won't all be eaten up by Medicare B

and other health care premiums. Mine is covering my taxes with enough left over I could eat steak if I ate steak. I hope some of my friends will be able to stop working so much, working at 75 really sucks even if the jobs are not strenuous.

[UCmeNdc]

52. Do not let the GOP near Social Security. They are hell bent on destroying social security.

[CousinIT]

61. Ditto - a million times. n/t

[Liberal In Texas]

53. Enjoy it now. Next year the repub House will probably be screwing us. n/t

[Elessar Zappa]

56. They can't do shit.

No cuts will get past the Senate or President Biden.

[Liberal In Texas]

62. They can screw with our COLA. n/t

[Kaleva]

63. Wouldn't the Senate have to go along and Biden sign it?

[live love laugh]

54. Shhhhh .... The greedy ones will just jack up prices to take it.

Very much like their reaction to the stimulus.

They don’t want people to progress with a Democratic president in office.

[central scrutinizer]

55. I took a triple whammy the last couple years

I took large distributions from my IRA to help my daughter buy a house. So my income was inflated resulting in 85% of my Social Security being taxable, my Medicare contribution tripling, and hitting a higher tax bracket. Now that’s all in the past and with the SS COLA, my monthly payment is several hundred dollars more!

[CousinIT]

60. Those of us not yet collecting may never see it at all - or will get 25% less...

. . . if idiots keep voting Republican.