Very astute of Trump. The Dems are going to run on a platform of increasing SS benefits. If Trump beats them to the punch it will blunt the attack.
This is not Trump. This is the social security administration under regulations set in law as to how to calculate the SS cost of living increase. It has changed, over time, by Congress. I have gotten some kind of cost of living adjustment of ss every year.
Lucky is more like it. Social Security increases are automatic and are based on a formula and not legislation.
Fauxahontas (IIRC) wants to increase all SS benefits by $200 per month.
These current figures show me getting about a $15 per month next year. My food costs have increase twice that just this year, but food costs aren’t considered. So far, my apt management has not indicated they are going to raise my rent any time soon, but I am paying below market value since I have resided here 10 years.
The area Medicare Advantage plans have actually increased benefits the last couple of years. PCP co-pays have dropped to $0 to $5. Some have $0 generic drugs in 3-month quantities. And mine has a $25/month OTC products allowance at their mail-in pharmacy only.
Looks like I’ll have to delay the yacht purchase another year.