SS increase of 5.9% in annual statement

[reed303]

Originally Posted by Riley.

Does that cover the increase in Medicare?

The Medicare Part B increase of $21.60 would be covered as long as your SS benefits was = or greater than $366/month.

5.9% of $366.10 is $21.60

[Seguinite]

Originally Posted by Preston3124

A 5.9% increase showed up in the projections on my online account. I don’t get a paper annual statement but assume the increase would show up there also. I am not collecting yet. If you don’t have an online account yet, I would recommend setting one up.

It didn't on mine.

[ddeemo]

Originally Posted by BijouBaby

I was born before Jan 1960 and haven't yet filed for SS benes. Just checked my account and I didn't see a 5.9% increase in the amounts as compared to my Dec. 2021 statement.


Porque?

I believe the Dec statement is for starting in Jan so may already be included.