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Topic: Cost of Living adjustment high as 5.3% Social Security 2022  (Read 3349 times)

potluck6

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #15 on: October 21, 2021, 10:04:52 am »
its 5.9 percent good to know.

calendria

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #16 on: October 21, 2021, 11:43:52 am »
 :cat:

Last increase was very low, $5.00 or so and my Homeowners ins went up $4.00, so I ended with a $1.00 increase!
Really hope this doesn't happen again with this one!

sdenimandlace1

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #17 on: October 23, 2021, 07:44:24 am »
I hope it happen at all with what they have going on.  Hope we get paid in Dec.

mrisha

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #18 on: November 02, 2021, 08:10:35 pm »
Actually the COLA is going up to 6.0 or better for SS.
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ccandpam

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #19 on: November 03, 2021, 06:38:16 am »
My Husband is on Social Security. I hope that he gets that big increase for 2022.

sipingyu

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #20 on: November 03, 2021, 07:06:28 am »
I feel that the actual inflation is actually higher than 5.3% if I loo at grocery store prices in my area.

ssarber

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #21 on: November 03, 2021, 08:01:11 am »
My parents live on SS and the increase isn't going to come close to the increase in groceries and gas. Too bad our country is going down in flames quickly  :(

ghunter

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #22 on: November 03, 2021, 08:31:44 am »
I hope this is true, I heard 6%, but 5 is good also.

calendria

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #23 on: December 14, 2021, 11:22:30 am »
 :cat:

Got my email from SS yesterday and confirmed the increase.  However, got the notice my taxes were increasing so escrow increased to offset and the amount left over is negligible.  Told you, also Medicare insurance went up 170+ per month.

teresa3200

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #24 on: December 14, 2021, 02:11:30 pm »
That will help all the retired people if it happens!

Jsnugs

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #25 on: December 14, 2021, 02:22:52 pm »
I will be looking for that  :present:

plennis

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #26 on: December 23, 2021, 02:00:54 pm »
The only problem is they also raised the amount they are taking out for Medicare, so I will only be getting about $5.00
more per month.  Same with everyone I have talked to.

calendria

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #27 on: December 23, 2021, 02:19:55 pm »
 :cat:

The Medicare insurance companies raised the premiums, duh.  Covid19 cost us a lot!

Exactly!  35.00 more each month for Insurance and 40.00 Cola equals about $5.00 increase.  We. got. snooked.

LaTashaS28

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #28 on: December 23, 2021, 04:08:45 pm »
Thanks for sharing, this is good to know
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calendria

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Re: Cost of Living adjustment high as 5.3% Social Security 2022
« Reply #29 on: December 23, 2021, 07:40:53 pm »
Thanks for sharing, this is good to know

You are welcome.  I believe if more numbers were shared regarding Social Security and Medicare, we would all be surprised!   $170.00 per month for Medicare and it used to be $134.00 per month.  No one told me before I started getting the insurance, so how could you know.

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