Social Security COLA ? On Friday the 13th

[PAhippo]

I never count on any raise until I see it in my grubby lil hand. or, in this case, checking account.

You can play 'what ifs' until the cows come home. You can point fingers of blame, go the shoulda-woulda-coulda-didn't route or look around comparing yourself to others.


It's not going to change anything.

[Deelighted]

Well the Medicare Part B premiums have been announced. Since 2017 was my first year, I don't fall into the "hold harmless" category so my premium of $134 will remain the same.

Yeehaw! This means that I will see the full benefit of the 2% COLA increase *does happy dance!*

[theoldnorthstate]

Well, 2% cola and increased part B premium. equals less SS.

[arwenmark]

Originally Posted by theoldnorthstate

Well, 2% cola and increased part B premium. equals less SS.

The thing is for many of us part B has not increased so it equals more SS not less.

[mr.magoo]

Originally Posted by mathjak107

medicare rates were not announced yet so know one really knows . the projections are a rise in drug plans and a drop in medicare . my drug plan just went in to effect in october when i went on medicare . my wife has no deductible on her older plan . my plan which is the same , now comes with a 400 dollar deductible .
to avoid the deductible i have to jump to the 67.00 a month plan from 38

Through my retirement plan, I have Medicare supplemented by a employer funded Aetna plan. no deductible, 10 dollar office visits..6 dollar copay, 24 dollar a month dental plan charge and 6 dollar a prescription co-pay for most meds.
The Medicare premium deductions from my Social Security ( about $110 a month) are reimbursed to me in two checks, one in July and one in December..probably next week, by my former 'Gummit' employer.
It's a nice $650+ Christmas present.
since I was born in July, it makes for a sweet Birthday present.

Don't know how much longer the reimbursement will continue, there is talk of ending it...but it has been a nice run and one I don't ever take for granted .