I am glad to see it. I am glad that Social Security is going up too. I know that saying it is unpopular but I am sorry 85 year olds deserve whatever they earned. Yes some are making out but most are not. Now what about military retirees....if anyone should get a big raise it is them.
Usually when Soc. Security gets a raise, we (VA cases and military retirees) do as well. As I am 100% disabled, if I got 3.6% it would be significant. It’s been a few years since we’ve seen a cola raise and things haven’t gotten cheaper.
I am too, but most of it will be eaten up with Medicare premium increases.
Medicare increases will probably wipe out most of the raise. The last "increase" resulted in a $5 drop in my wife's SS payment because of that.