"This administration is putting more money into the pockets of our Seniors..."
People expected to see a 5.9% increase in their SS pension check will be surprised as they always are when Medicare premium increases eat up almost all of the COLA.
“Thank you, Lesko Brandon.”
The increase will translate to an addition of $92 to retirees’ average monthly benefit ...
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That should provide for the required downpayment on a pot roast.
Yup, while not telling them they will be paying 10-20% more for just about everything, they will be getting a 5.9% increase in benefits (they paid for).
If inflation continues it will be small potatoes. Gas, food, utilities all going up and there is no top. I’m exceeding my food budget by almost $100 a month and that’s just food. Every bit of that increase will be eaten up just trying to stay level.
Woo Hoo!
And Ferrari sales skyrocket!
could position Social Security recipients to boost consumption.
nonsense
Just in time for the mid-term election.
Don't forget, seniors, who is responsible for your "raise."
So, what is continuing to hold interest rates down? Manipulation?
The increase will translate to an addition of $92 to retirees’ average monthly benefit .........About enough for 1.5 tanks of gas? The Gov’t giveth and taketh in taxes and “free” benefit costs. And the beat goes on? This has to be the greatest Brandon upped Admin. in the history of our nation. Its like we’ve been cursed, and an evil spell was applied. Please tell me we aren’t ripe for a dictatorship to stop the insanity. I fear it will come.
Social Security Benefits will drop by 22% when system hits Pay as You Go status.
This was engineered into the system in 1933
Social Security Benefits will drop by 22% when system hits Pay as You Go status.
This was engineered into the system in 1933
WHATSOCIAL SECURITY GIVETH, MEDICARE TAKETH AWAY.
IT’S ALL SMOKE AND MIRRORS........................
The price of my Kombucha has increased 9%. How will I get by with a 5.9% increase? Will I have to resort to buying Cat Kombucha?
I got no raise where I work. Plotting my escape, shortly there will be an email to the group saying “I don’t work here anymore.”
Did they release the IRMAA brackets?
Applying 5.9 percent gives single $94K, $118K, $147K, $175K, married $188K, $236K, $292K, and $350K. These brackets are rounded up to the nearest thousand.
Social Security Benefits to Increase 5.9%
Inflation at 5.5%
Net gain 0.4%
What a deal that democrat math is really something huh.
1. And are FICA (payroll) taxes going up to help pay for the higher benefits??? (No.)
2. The social security fund will just become insolvent sooner. Which is the part the politicians are not going to talk about.