What a great question! The best thing you can do is plan to speak with you Medicare agent in October. You should do a plan review to ensure the you're getting the best benefits for you, at the lowest cost. That can be achieved with a Medicare plan review during the Annual Enrollment Period. There's a lot shaking up when it comes to plans and benefits this year - so it's more important than ever.
Absolutely. Happy to share! I'll be sharing the COLA predictions every month between now and October's official announcement. Subscribe to our channel to follow along.
Yes! To live on Social Security retirement benefits alone would make it difficult to survive, especially when the COLA isn't keeping up with inflation.
Yes, of course. I'll be providing a monthly update between now and the official announcement, which usually happens the second week of October. Subscribe to our channel so you don't miss an update.
Absolutely! I'll be providing an update every month between now and October. The official COLA announcement will happen the second week of October. I hope it doesn't decrease either, but it looks like COLA predictions so far have indicated a decrease in COLA, compared to 2024.
The Social Security COLA has a big impact on budgets. If your grandma is receiving Social Security retirement benefits and she's on Medicare then she should also keep an eye out for the Medicare Part B premium increase. That will also be announced in October and we'll share an update on our channel. Be sure to subscribe so you don't miss it.
Absolutely! I'll be providing an update here every month until the official COLA is announced the second week of October. What do you think about the latest prediction? Do you think the COLA will end up being 2.5% - 2.6% like the predictions have been for several months?
Correct. If you see ads for a stimulus, especially advertised to people on SSA benefits, it's a scam. Do not click on the link. All COVID era stimulus checks have been paid and there won't be an others related to COVID. Subscribe to our channel to know what the final COLA increase will be.
I had to draw ss at 63.. I still work, I’ve worked since 16 , even if if I got 1900 I could not survive.. I get 1324.. ss told me next year I’d get a 2.00 raise and one check I paid 900.00 into ss last year.. never married 10 years to collect on a spouse.. further more last year I had to pay them back 890.00 .. I made over there limit.. sickening how they figure this.. give all are working dollars to other countries and illegal people who have not paid in 68.. looks like I’ll have to work until I drop dead
I'm so sorry to hear how hard it is. I'm at a loss for words. Have you looked into the Medicare programs that can help? There is Extra Help and the Medicare Savings Programs, if you are eligible. Also, healthcare is one of the largest expenditures of people on Social Security. I suggest you schedule a Medicare plan review this Annual Enrollment Period (October 15 - December 7) to ensure you're on the best plan for your health and budget next year. There is a lot of disruption in Medicare, especially with the Inflation Reduction Act. Many people will find their prescription medication cost go up.
The Social Security COLA is based on the Consumer Price Index, or CPI-W. Unfortunately, consumers don't impact the way that the COLA is measured, it's impacted by inflation. The funny thing is that everyone always wants a higher COLA, but the way that it's measured means that if the COLA is high - inflation is high. While we all want a boost to Social Security benefits, we don't want higher inflation.
I've heard this same CRAP for several years now!!! Like the saying goes: "I'll believe it when I see the money in my checking account!!!" Until then it's all just a bunch of BS!
I agree that inflation is higher than the rate of COLA. I explored that in our July COLA update, especially regarding food prices. The Social Security COLA is determined by the Social Security Administration and is the Consumer Price Index (CPI-W). If anyone wants that to change, it's best to bring it up to members of Congress or the House of Representatives.
The latest COLA prediction is 2.57% and it has been between 2.5% and 2.6% for the past several months. Subscribe to our channel to get monthly updates between now and the official COLA 2025 announcement.
Gas prices never seem to come down in California. Where are you located? Agree, however, that lots of prices are way too high. We just released the September 2025 COLA prediction video. Take a watch: ua-cam.com/video/tk2kSHl7pnU/v-deo.html
The COLA updates are released mid-month. So, this August update was released around the 15th of August. So, yep, we're in mid-September now so you should see another update coming your way soon. Thanks for watching. :)
You need to reform SSA so it sustains itself for all who put into it. Congress has the power, unfortunately not the will or desire to get in a room and fix it
You nailed it. The Social Security Administration is in charge of setting the COLA. A lot of people are upset and direct their anger at the president, but Congress has the power to change how the COLA is determined. The CPI-W doesn't seen to keep up with true inflationary costs, especially for food prices these days.
I'm so sorry to hear that you received less than the average amount for 2024. Are you enrolled in a Medicare Savings Program, Extra Help, or other Medicare programs for people of low income? If not, I'd recommend speaking to one of our agents who can help you find ways to save on your Medicare costs. Call 1-888-369-1585 to see what programs you qualify for.
I'm really sorry to hear that. It seems to be the same sentiment that I hear from a lot of people. Just check the comments - you're not alone. The Social Security Administration decides how the COLA is determined, and right now it's based on the CPI-W. Somehow that's not keeping up with the inflation of food costs either.
@@jasondeaver2117 I as Generation Jones had to pay for those before me so Gen Z and the rest are in the same boat 🛶. I want to work PT when I retire so the bills will get paid. Carry on Gen Z. You can do it. We did so you will too. All the best.
Yes, the increase will likely be less than last year, which gave most people on Social Security benefits about a $40 after the Medicare Part B premium increase. Hopefully you'll see more.
The money is separate don't you people understand how the government works, Man this isn't a political issue by the way politics (poly meaning many) tic's (ticks)
Yes, many people are commenting about one side or the other instead of discussing how the COLA is determined. I would, however, say that the COLA is still political because someone chose how it's determined and many people disagree with the measure. That could be changed by Congress.
The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote. www.ssa.gov/history/InternetMyths2.html#:~:text=The%20taxation%20of%20Social%20Security,President%20Reagan%20in%20April%201983.
Can I ask how this is misleading or gaslighting? We're sharing month-to-month estimates provided by the Senior Citizens League; a reliable source by most media outlets.
You're right. And that's what's in this video. The Senior Citizens League's estimates have been around 2.5% to 2.6% for several months. Where do you draw your estimate from?
Nobody knows what it will be until the official announcement in October. Everyone is only predicting at this point and the most reliable and credible source is the Senior Citizens League. In fact, most major media sources use them as their predictor.
A lot of comments on the COLA videos seem to steer political, and I get it. The Social Security Administration is the one that sets the COLA adjustment annually, with the help of the CPI-W. Are your proposing that we change the way the COLA is calculated or something else?
Me too! It looks like the COLA predictions have indicated a decrease in COLA compared to 2024. If we continue at this rate, the average person collecting Social Security retirement benefits and enrolled in Medicare could receive an increase of less than $40 per month.
With uncertainties in COLA, whats the best thing I can do to make sure I get the most out of Medicare Benefits
What a great question! The best thing you can do is plan to speak with you Medicare agent in October. You should do a plan review to ensure the you're getting the best benefits for you, at the lowest cost. That can be achieved with a Medicare plan review during the Annual Enrollment Period. There's a lot shaking up when it comes to plans and benefits this year - so it's more important than ever.
@@RhettBeeson you can also get a Medicare food card. It’s not much ($150 every 3 months), but it comes in handy.
Our family had no idea this was happening, thanks for the heads up!
Absolutely. Happy to share! I'll be sharing the COLA predictions every month between now and October's official announcement. Subscribe to our channel to follow along.
I feel for the people who depend solely on Social Security benefits in order to survive. Thx for the update...
Yes! To live on Social Security retirement benefits alone would make it difficult to survive, especially when the COLA isn't keeping up with inflation.
Very informative! Thank you for the update!
Glad it was helpful! Stay tuned because I'll be sharing updates every month until the official COLA is announced.
Thanks for this update! I’ve been waiting to see the changes. Will you update us again?
Yes, of course. I'll be providing a monthly update between now and the official announcement, which usually happens the second week of October. Subscribe to our channel so you don't miss an update.
Wow, thank you for this info! I really hope COLA doesn't decrease...will you keep us posted on updates?
Absolutely! I'll be providing an update every month between now and October. The official COLA announcement will happen the second week of October. I hope it doesn't decrease either, but it looks like COLA predictions so far have indicated a decrease in COLA, compared to 2024.
Our raise went to Ukraine ! Thanks Joey ........
Oh BS
Did you receive the average $40 per month increase to your Social Security retirement benefits in 2024?
The people in the Ukraine are fighting for their freedom. Greedy seniors don't need a COLA
Oh shut up with your ignorance
@@kimp4412 Vote Trump
Definitely having my grandma watch this so she is better prepared. Thanks for the updates!! ❤
The Social Security COLA has a big impact on budgets. If your grandma is receiving Social Security retirement benefits and she's on Medicare then she should also keep an eye out for the Medicare Part B premium increase. That will also be announced in October and we'll share an update on our channel. Be sure to subscribe so you don't miss it.
Thanks for the update! Looking forward to the next one. 👀
We'll be sharing an update every month between now and October. Looking forward to sharing the final numbers soon!
Thank you for the update!
Absolutely! I'll be providing an update here every month until the official COLA is announced the second week of October. What do you think about the latest prediction? Do you think the COLA will end up being 2.5% - 2.6% like the predictions have been for several months?
No stimulus checks,or 200 on our checks and September,i called social security office and IRS, today, and they said it's not the truth
Correct. If you see ads for a stimulus, especially advertised to people on SSA benefits, it's a scam. Do not click on the link. All COVID era stimulus checks have been paid and there won't be an others related to COVID. Subscribe to our channel to know what the final COLA increase will be.
Stimulus check??? Total waste of money
Very informative! Thanks Connie Health!
So glad it was helpful! Stay tuned every month between now and October.
Thank you for sharing this information! 👍
Absolutely! Happy to share. Subscribe to our channel to get updates every month between now and the official announcement.
Thank you for the information!!
Glad that it was useful! What do you think about the latest prediction?
So much great information about a very confusing subject!
Happy you think so! What are your thoughts on the 2025 COLA?
Great Info ! Thanks !
Glad it was helpful! Subscribe to our channel to get the latest COLA prediction each month between now and the official announcement.
thank you for the intel! More reason for older americans to shop their medicare plan options this fall!
Absolutely! We just released the September COLA prediction. Watch this video: ua-cam.com/video/tk2kSHl7pnU/v-deo.html
I had to draw ss at 63.. I still work, I’ve worked since 16 , even if if I got 1900 I could not survive.. I get 1324.. ss told me next year I’d get a 2.00 raise and one check I paid 900.00 into ss last year.. never married 10 years to collect on a spouse.. further more last year I had to pay them back 890.00 .. I made over there limit.. sickening how they figure this.. give all are working dollars to other countries and illegal people who have not paid in 68.. looks like I’ll have to work until I drop dead
I'm so sorry to hear how hard it is. I'm at a loss for words. Have you looked into the Medicare programs that can help? There is Extra Help and the Medicare Savings Programs, if you are eligible. Also, healthcare is one of the largest expenditures of people on Social Security. I suggest you schedule a Medicare plan review this Annual Enrollment Period (October 15 - December 7) to ensure you're on the best plan for your health and budget next year. There is a lot of disruption in Medicare, especially with the Inflation Reduction Act. Many people will find their prescription medication cost go up.
Is there anything that consumers can do to affect the increase/decrease in COLA
The Social Security COLA is based on the Consumer Price Index, or CPI-W. Unfortunately, consumers don't impact the way that the COLA is measured, it's impacted by inflation. The funny thing is that everyone always wants a higher COLA, but the way that it's measured means that if the COLA is high - inflation is high. While we all want a boost to Social Security benefits, we don't want higher inflation.
Thanks government for treating your seniors like shit!
I'm so sorry that you're feeling this way. You're not alone. A lot of people are commenting similarly. What would you like to see change?
You are collecting a Federal welfare check, stop complaining
I've heard this same CRAP for several years now!!!
Like the saying goes: "I'll believe it when I see the money in my checking account!!!"
Until then it's all just a bunch of BS!
Have you not received a COLA increase in the past several years?!
Inflation is at 8 % yet out poor seniors get 2% thanks Kamala for nothing but more losses
I agree that inflation is higher than the rate of COLA. I explored that in our July COLA update, especially regarding food prices. The Social Security COLA is determined by the Social Security Administration and is the Consumer Price Index (CPI-W). If anyone wants that to change, it's best to bring it up to members of Congress or the House of Representatives.
Trump wants to eliminate taxing of social security !!!!!!!!
More than 32 million on SS pay no Federal tax now. But he doesn’t know this because he is so clueless on how our Government works.
@@Satjr35031all I know is I paid $2 for a gallon of gas when Trump was president.
With the 2 stooges (Joe & Kamala) I’m paying $4 for a gallon of gas.
@@Satjr35031 less government means less taxes
Clear as mud!
The latest COLA prediction is 2.57% and it has been between 2.5% and 2.6% for the past several months. Subscribe to our channel to get monthly updates between now and the official COLA 2025 announcement.
Gas prices have not come down to Trump levels. So we are still paying way too much to get to where we are going.
Gas prices never seem to come down in California. Where are you located? Agree, however, that lots of prices are way too high. We just released the September 2025 COLA prediction video. Take a watch: ua-cam.com/video/tk2kSHl7pnU/v-deo.html
Stop driving ig gas is too expensive
@@tomblevins5020 I’m not walking to where I have to go.
I wonder if over reporting close to 900,000 jobs has an impact. Things weren't as good as they claimed.
Sorry, over reporting what? I don't understand what you're referring to.
@@conniehealth Jobs, sorry. I'll correct that. Thank you for pointing that out.
We’re in to September now and this video is full of c
The COLA updates are released mid-month. So, this August update was released around the 15th of August. So, yep, we're in mid-September now so you should see another update coming your way soon. Thanks for watching. :)
You need to reform SSA so it sustains itself for all who put into it. Congress has the power, unfortunately not the will or desire to get in a room and fix it
You nailed it. The Social Security Administration is in charge of setting the COLA. A lot of people are upset and direct their anger at the president, but Congress has the power to change how the COLA is determined. The CPI-W doesn't seen to keep up with true inflationary costs, especially for food prices these days.
There should be no COLA. Seniors have plenty of money
I think we should poll the commenters. :)
I didn’t even get 40.00 it was less than and I’m still below poverty level
I'm so sorry to hear that you received less than the average amount for 2024. Are you enrolled in a Medicare Savings Program, Extra Help, or other Medicare programs for people of low income? If not, I'd recommend speaking to one of our agents who can help you find ways to save on your Medicare costs. Call 1-888-369-1585 to see what programs you qualify for.
Did you begin collecting at 62? Big mistake!
That's a slim piece prediction 12% cola or it's only going to get worse
Can’t afford the inflation or property taxes increase
I'm really sorry to hear that. It seems to be the same sentiment that I hear from a lot of people. Just check the comments - you're not alone. The Social Security Administration decides how the COLA is determined, and right now it's based on the CPI-W. Somehow that's not keeping up with the inflation of food costs either.
Sell your home and downsize poor retirement planning is going on deaf ears since gen x and beyond is paying for yours while having to save for theirs
@@jasondeaver2117 I as Generation Jones had to pay for those before me so Gen Z and the rest are in the same boat 🛶. I want to work PT when I retire so the bills will get paid. Carry on Gen Z. You can do it. We did so you will too. All the best.
$40 a month!! Hey, that’s two packs of smokes!
Yes, the increase will likely be less than last year, which gave most people on Social Security benefits about a $40 after the Medicare Part B premium increase. Hopefully you'll see more.
For idiots that still smoke 😂
Yep, electric, gas, car insurance wifi, 40 bucks wont even buy a condum .@@conniehealth
The money is separate don't you people understand how the government works, Man this isn't a political issue by the way politics (poly meaning many) tic's (ticks)
Yes, many people are commenting about one side or the other instead of discussing how the COLA is determined. I would, however, say that the COLA is still political because someone chose how it's determined and many people disagree with the measure. That could be changed by Congress.
Or we could just wait about a month and disregard speculation.
You're funny. Yes, or there's that option. Subscribe to our channel so you don't miss the official Social Security COLA announcement in October.
Thank your friendly neighborhood democrats for taxing your social security benefits!!!! Yup! They voted to tax your benefits!!!
The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote. www.ssa.gov/history/InternetMyths2.html#:~:text=The%20taxation%20of%20Social%20Security,President%20Reagan%20in%20April%201983.
Stop gas lighting us on soc security! Why do this misleading?
Can I ask how this is misleading or gaslighting? We're sharing month-to-month estimates provided by the Senior Citizens League; a reliable source by most media outlets.
2.4 - 2.6 is expected
You're right. And that's what's in this video. The Senior Citizens League's estimates have been around 2.5% to 2.6% for several months. Where do you draw your estimate from?
@@conniehealth videos I've watched
@@stefancolwell63 Nice!
so she doesnt know what it will be...when you look it up...add the name mary johnson...for the best prediction...
Nobody knows what it will be until the official announcement in October. Everyone is only predicting at this point and the most reliable and credible source is the Senior Citizens League. In fact, most major media sources use them as their predictor.
@@conniehealth why dont they take one of these small raises and regain the 40% losses we've endured since 2000?
@@88888gerald I suppose that's a rhetorical question? You'd have to bring that up with Congress.
Go ahead vote for Trump and get shit!
A lot of comments on the COLA videos seem to steer political, and I get it. The Social Security Administration is the one that sets the COLA adjustment annually, with the help of the CPI-W. Are your proposing that we change the way the COLA is calculated or something else?
I sure hope our seniors get a bigger COLA boost in 2025.
Me too! It looks like the COLA predictions have indicated a decrease in COLA compared to 2024. If we continue at this rate, the average person collecting Social Security retirement benefits and enrolled in Medicare could receive an increase of less than $40 per month.
There’s no money because they keep on giving money to these foreign countries
This is great info, thank you for sharing !
Glad it was helpful! Subscribe to our channel to get the latest COLA prediction every month between now and October.