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displacedtexan

(15,696 posts)

20. I just took my annual IRA distribution instead of rolling it over.

Reply to Evolve Dammit (Reply #9)

Wed Oct 13, 2021, 04:53 PM

Oct 2021

We didn’t have to take it the last 2 years, but it was mandatory this year. I'm gad I took it, and I hope I don't regret it, but I'm afraid of a a market slump before the end of the year and I'd hate for the bit of extra cash to get gobbled up by losses.
But here's the weird thing this week. We both get Social Security, and we got extra checks last Friday for half of our usual amounts. We panicked because we get paid on Wednesdays. This morning, our usual monthly amounts were deposited as usual.
Anyone know why this happened?

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32 replies

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Highlight:

Social Security benefits to rise 5.9 percent for roughly 70 million people in 2022 [View all] BumRushDaShow Oct 2021 OP

I wish the Biden package had a bigger raise for SS. jmbar2 Oct 2021 #1

Budget reconciliation cannot involve Social Security meow2u3 Oct 2021 #7

Meanwhile food prices are up 60% & gas is way up, too SheltieLover Oct 2021 #2

Well, it's better than a poke in the eye Sherman A1 Oct 2021 #3

Food is not up 60% Casady1 Oct 2021 #14

Not true here. SheltieLover Oct 2021 #24

I can't believe food prices. Irish_Dem Oct 2021 #21

Same here! SheltieLover Oct 2021 #25

Hi Sheltie! Irish_Dem Oct 2021 #26

Hi IrishDem SheltieLover Oct 2021 #27

20 years ago, gas went up to about $2.50/gal Deminpenn Oct 2021 #32

This message was self-deleted by its author Pepsidog Oct 2021 #4

The only way it can change is they way SS increases are calculated.... Historic NY Oct 2021 #5

The anti-socialism crowd should forego the raise. Historic NY Oct 2021 #6

Hopefully, my landlord doesn't see this... Wounded Bear Oct 2021 #8

Most of us are on a greased rope. The future does not look good to me. Wages have Evolve Dammit Oct 2021 #9

actually that's not true. Only half of U.S. have any stocks and/or bonds. Half have nothing. Evolve Dammit Oct 2021 #10

I bet it's less than half, and that a good portion of those who do, are involved with stocks from .. marble falls Oct 2021 #12

Two employers Karma13612 Oct 2021 #19

I just took my annual IRA distribution instead of rolling it over. displacedtexan Oct 2021 #20

Not sure what happened. I moved everything to fixed when 45 was talking fire and fury shit. Evolve Dammit Oct 2021 #23

Wooo hooooo! I'll be rollin' in it! marble falls Oct 2021 #11

Seems a lot of the cost of living increase Farmer-Rick Oct 2021 #13

Have they announced Part B premiums yet? moriah Oct 2021 #15

They will cancel out. Voltaire2 Oct 2021 #22

Besides medical costs, the biggest inflation problem since '82 has been RENT peppertree Oct 2021 #16

Thanks but it won't even cover RIP OFF gas prices and RIP OFF home Property tax increases.... Bengus81 Oct 2021 #17

My landlord will take part of it and Medicare will increase the premiums Naio Oct 2021 #18

Thanks for that info. CountAllVotes Oct 2021 #28

This will help my household a bit CountAllVotes Oct 2021 #29

I haven't seen a decent increase in SS in many years . Medicare takes most of it geretogo Oct 2021 #30

I just applied for ss benefits starting in November. honest.abe Oct 2021 #31