I’m betting that any COLA increase will be eaten up by health-care premium increases. So seniors like me will just break even.
Oh, wait. I won’t break even because there will be nothing left to balance out food and energy price increases. Living in a ‘Build Back Better’ paradise is gonna be tougher than I thought.
And people receiving food stamps have received a 25% increase in benefits. Go figure.
Unless you are getting the minimum SS amount, it is difficult to understand how the Medicare premium will eat up a 5.9% increase in your overall pension. What is your Medicare premium now?