Source: https://www.ssa.gov/oact/cola/colaapplic.html
The increase is based on your full benefit(s), before deductions.
Additionally, there will be a $5.20 reduction in Medicare Part B; which you can buy 2 organic apples with each month!
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here’s a question:
the IRS doesn’t tax the first ~24K, and then taxes ??50%?? over that amount..
I wonder if there will be a change in the tax valuation, or if they will manage to scrape back the “gift” COLA soc sec people will get??
I'm never shocked by ANYTHING the gummint does with SS payments.
...with the possible exception of mild surprise that they even issue the checks in the first place.
(No need for /sarc when you're deadly serious.)