Social Security COLA

[alfsauve]

ATTN:  Social Security recipients and about to be's

Got notice that the 1.3% Cost Of Living Increase will decrease our monthly check by $600/mo!

IN CASE YOU MISSED IT.   Miss Kitty and I will get $600 LESS each month.

Thank you Congress, who's patting themselves on the back for keeping it so low, and for taxing 85% of it.  And for generally screwing up the fund in general.

The take away:  The government giveth the government taketh.   

It's why it's so important to keep harping that the 2nd Amendment isn't a grant by the government, but a limit on government.  We do NOT owe our right to bear arms to anyone.

[Timothy]

Source?

[tombogan03884]

I'd be double checking the crap out of THAT.
Doesn't make any sort of sense that a 1.5 % increase would cause a 50% cut in benefits.

[Pathfinder]

How does a 1.5% increase cause a $600 reduction in income? Put you in another tax bracket or something?

[Rastus]

That was my thought.  Tax bracket creep...

Not a problem for me now....nothing to bracket!!  Thanks China you Biden loving bitch.

[Sponsor]

[Timothy]

I don’t pay taxes, income tanked syndrome!

What pisses me off is if I make $1 more than my annual allotment of $17,240 in 2020 wages, they take my entire January SS check!

That’s not going to happen...I haven’t been to work since March.

F@*k Congress!

[alfsauve]

Source?

The email I got from SSA.  My Part B and D increased over $300.

[Timothy]

The email I got from SSA.  My Part B and D increased over $300.

Do you have a supplement plan?  My wife has A,B and D and doesn’t bother with anything else.  It works for us!

I’m only 63...Romneycare is dirt cheap when your poor!

[alfsauve]

There's this tricky provision that says if you save your money and invested it wisely we'll double your cost of Part B and charge you for Part D.  IMSAA I think it's called. 

Yes I have Gap coverage, this is the basic SSA coverage.

It wouldn't be as bad if they raised my deductible, but raising my premiums is punitive.

[Timothy]

Yea, sad that it only barely works if you’re poor!  I’m above the poverty line but not by much!

In a year and a half, my premiums will triple with Medicare alone vs Romneycare!