Social Security COLA - BFD!

[3catwoman3]

Just got my explanation of benefits from Social Security, explaining how much "more" I will be getting, and how much more Medicare will cost.

My monthly deposit is actually going to go down by $12.00. Negligible, obviously, but it sure doesn't feel like an increase. What a bunch of BS.

Maybe this shouldn't piss me off so much, but it does.

[yaesu]

1. yep, SS is chump change but the rich got their trillion dollar tax break thanks to the fascist controlledcapitalist USA

[Dave says]

6. FIVE Trillion, wasn't it?

[Mr.Bee]

10. Shush!

Don't say AnyThing bad about the people really running this country!

[Raven123]

2. Yep. I saw the same elsewhere. Hope that anger goes to the polls in 2026

[Ritabert]

3. COLA is usually wiped out by Medicare increases

[3catwoman3]

5. I retired in March of 2021, a month shy of turning 70, so my history with SS is short.

In the previous years, it's been close, but this is the first time in my brief experience with the system that the monthly amount will go down.

Just doesn't feel right.

[Ritabert]

7. It isn't right.

[Just Jerome]

9. Absolutely true.

Meanwhile they keep ramming Medicare Advantage (Medicare Part C )
in our faces.

[Rebl2]

14. Always has

been.

[GoneOffShore]

18. I am so glad that I've stopped paying Medicare B along with the supplementals.

I will probably be paying a 'Cotisations sociale' on my pension and investment income, though it won't be that large an amount because I have an S1 (English pension benefit that covers social charges). Our 'mutuelle' costs me 130 euros a month, but the premium doesn't increase with age.

[C_U_L8R]

4. You've been trumped

Me too. They give us a dollar and take two back.
Hope magats have enough sense to realize their mistake.

[relayerbob]

8. Yep, one dropped by a similar amount, also not

[Golfnbrew]

11. Also going backwards

Closer to $55 less per month after the "increase". The COLA should take into account the rise in Medicare deduction...

[CrispyQ]

12. I'm getting a $21 increase.

I'll buy us a round. No snacks, though.

[3catwoman3]

13. I'm a cheap date - a bottle of Mike's Hard Lemonade...

...will do nicely for me. Only one - two and I'll fall asleep.

[CrispyQ]

15. LOL. In that case I might be able to spring for a small snack. -nt

[dickthegrouch]

16. Mine is $150 less

My investments did rather well in 2024 (Thanks, Joe!) and they increased my IRMAA as well as my medicare

[3catwoman3]

17. Whoa! $150! "My investments did rather well in 2024."

No good deed (or good luck) goes unpunished.