Social security can no longer pay full benefits in 2031. COLA increases will move this date forward. 2028?
Yay, I get an increase in my $127.00 per month. This will help me keep up with the inflation rates. Might even open a savings account and invest!
3.2% will buy a cup of coffee or two. The “increase” is always a year late and thousands of dollars short.
They either make the cap 250K or decrease the checks 20 percent. Needs to make the decision soon.
There is plenty of money, stop giving it to illegals. Cut welfare to 2 yrs.
Starts with 2024 funds received.
Last year was over 8%
Social Security can be fixed easily by forcing every Federal Employee into the program, use all those funds for the bloated pension benefits these quislings receive to help shore up SS
I’m 72 - still working and waited till I was 70 to start taking benefits.
I maxxed out all my quarters.
So it looks like my new payment is $4700 per month.
That’s $56k per year - but I paid in a whole lot more than I should have to get there.