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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSocial Security COLA - BFD!
Just got my explanation of benefits from Social Security, explaining how much "more" I will be getting, and how much more Medicare will cost.
My monthly deposit is actually going to go down by $12.00. Negligible, obviously, but it sure doesn't feel like an increase. What a bunch of BS.
Maybe this shouldn't piss me off so much, but it does.
yaesu
(9,449 posts)Dave says
(5,498 posts)Raven123
(8,036 posts)Ritabert
(2,815 posts)3catwoman3
(30,146 posts)In the previous years, it's been close, but this is the first time in my brief experience with the system that the monthly amount will go down.
Just doesn't feel right.
Ritabert
(2,815 posts)Just Jerome
(604 posts)Meanwhile they keep ramming Medicare Advantage (Medicare Part C
)
in our faces.
Rebl2
(17,999 posts)been.
GoneOffShore
(18,037 posts)I will probably be paying a 'Cotisations sociale' on my pension and investment income, though it won't be that large an amount because I have an S1 (English pension benefit that covers social charges). Our 'mutuelle' costs me 130 euros a month, but the premium doesn't increase with age.
C_U_L8R
(49,622 posts)Me too. They give us a dollar and take two back.
Hope magats have enough sense to realize their mistake.
relayerbob
(7,459 posts)Golfnbrew
(78 posts)Closer to $55 less per month after the "increase". The COLA should take into account the rise in Medicare deduction...
CrispyQ
(41,184 posts)I'll buy us a round. No snacks, though.
3catwoman3
(30,146 posts)...will do nicely for me. Only one - two and I'll fall asleep.
CrispyQ
(41,184 posts)dickthegrouch
(4,736 posts)My investments did rather well in 2024 (Thanks, Joe!) and they increased my IRMAA as well as my medicare
3catwoman3
(30,146 posts)No good deed (or good luck) goes unpunished.