Why make such a big deal about a raise in social security when Medicare always goes up more than the raise in social security. Sounds more like we can always expect a cut every year in our social security check. Seems like someone needs a lot more instruction in arithmetic .
So SSI will go up $50. and the Medicare will increase by around $10.00. It will increase approximately $40.00. And you cannot blame it on Biden. My mother had a similar situation under the Reagan administration....$20.00 more on SSI, but Medicare B went up $12.00 monthly.....typical.
SSI will increase approximately $50. & Medicare will take $10.00 of that. It is typical. My mother had the same problem one year (under Ron Reagan). SSI increased by $20., & Medicare took $12.00 of that monthly.
Suggesting to seniors that they build alternate sources of income when they only have social security and they are past 67 with no chance of getting meaningful work is the stupidest thing I have ever heard. How do you build other income streams when you have no extra cash or ways of getting cash?
There are infinite ways to earn an honest income. Me for instance, Im 72 and am self employed cleaning vacation rentals and cleaning homes on the market for realtors. As for non-physical labor, Ive hit yard sales for resale on Ebay. Also picked up unwanted contents from homes that were going up for sale. Once I came across a couple of Louis the XVI cognac that I almost tossed until I learned from a search that tho the bottles were valuable, those full ones were worth 1200 each. i believe in actively taking control of generating an income, but if a person is truly physically or mentally disabled from doing anything then they should be considered for a higher monthly amount of SS.
@@MsDc52the trouble with your answer is people like me should be considered for a bigger payment because I am unable to do any kind of physically or mentally but they do not consider that, thus my income is fixed
This was the same before Ukraine. Maybe you might want to imagine how they feel nothing home now food and their family members getting killed. Can't claim to live in the greatest country when you don't care about others.
@boxerblvd3514 I don't claim 2 I know I live in the best country on Earth I know we're morally corrupt but every country is sorry yours isn't up to par
Most of us are trying to imagine why 2.5% isn't enough for the uneducated, lazy, underachieving, pissed-at-the-world, full-of-regrets, seniors who depend on government checks and vote for TRUMP.
Maybe the cola has to be at least same percentage as what Medicare goes up but still doesn’t equal. My part G went up about 10% as my part D went up 200%.
Right it’s very easy for people to say keep working if they had a low impact non physical job. Working outdoors 12 months a year with high temperatures and freezing your ass off in a northeast winter. Those people will never know the toll it takes on a persons body and when our age increases it’s almost impossible.
Inflation is not down!! Where did you get your information? It’s been talked about by many during political. Just heard dollar value down 26%. You need to elect part D or be charged (fined)$$$ even if you don’t take a perscription.
The 2.5% COLA for 2025 provides a modest increase in benefits for Americans receiving Social Security and SSI payments, helping to offset the rising cost of living and inflation. This increase offers essential financial relief for vulnerable populations like retirees.
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
no one mentions it but heres the truth....your smaller check will get smaller cola raises.....and never really catch up...on the other hand...waiting til 70 makes every check bigger...and ever cola by the percentage of the cola....but its huge....
2.5%? Medicare B up 6%, supplement insurance up 3+%.Drug plan 2+%, electric 15%,water and waste 3+%. That 2.5% is to cover 30%of monthly bill increase??😮😂😂😂
Retired on SS, doing just fine! But then I'm not an obese, 2-pack a day, alcoholic, addicted to KENO and lottery tickets, who lived the first 50 years of my life with no regard for my health.
@@isitrachelorj3953 Aw, aren't yo the lucky one. I'm not obese, don't smoke or drink, don't play the lottery, took (and take) care of my health, and am not doing well. Hope your kidneys don't go bad when you're 58 and barely make it working to 62. I've been on SS for 12 years and I still have another 7 to go before I collect what I paid in over 47 years.
@@isitrachelorj3953eggs and butter are both extremely healthy for you p check it out egg yolks p, and butter are extremely good this is good fat and cholesterol, read up and study on something before you make comments
What rock are you living under regarding the reality of COLA & Medicare. We paid into Medicare our working lives plus we are taxed on money we paid taxes on- double dipping in addition to paying for Medicare a second time. This is not rocket science. You can’t make us think we are getting a good thing😮.
Especially when the gd criminals in congress try to give themselves a 6.5% increase. Aw, they haven't had a raise in 10 years. I don't see any of them leaving office, and if they do they're like Cortez-Castro and in 6 years go from bartender to $24M net worth.
Screw the perscription drug allowances. Nothing like telling Americans "go ahead, overeat, smoke, drink like fish, couch potatoes rule, healthy-smealthy-who cares". Americans are all doped up to treat their vices. That's not healthcare, that's enabling.
This is a bad joke, insurance always eats up the majority of the COLA. The COLA won't cover 1/3 of the homeowners insurance increase. It won't even cover the car insurance increase. The COLA yields a considerable reduction in the lifestyle for seniors. This has been the case for decades, and many seniors no longer have "disposable" income. This is an insult.
Hey Mike, move out of that "third-world shithole" (trumps words) that you call home - Florrible, may be Texass, or any of those other UNNATURAL DISASTERS - MS, AL, GA, LA, SC, NC, OK . . .
I didn't rely on social security. I couldn't get a decent wage because of low minimum wages and constant republican recession layoffs... each layoff I lost 3 to 5 dollars an hour, making my last ten to 20 years my lowest wages...women never had decent wages so never have extra money to invest.
What is wrong with you 2.5% isn't really going to help us alot we need people that are listening to the people on Social Security SSI SSDI and VA we need a lot bigger increase to get us up were we need to be we can not maintain a home do t he repairs and make a living on what we are getting
Love the comment "just know you will be paying more" Incredible! 2.5 increase - 5.9. What a gift for us seniors. You know if we were allowed to take our SS tax and invest it when we started working. Hmmmm 15 years old to 70 years old. 55 years of Davi g of investing would be nice to retire on. I guess because we have no choice that beats the "entitlement" lie.
what they never want to talk about is age discrimination when looking for part-time work,im not saying this happens to everyone just saying it happens.
So so sad people actually feel like we are suppose to be excited about your so call increase and the cost of ins is more expensive, what are we suppose to be happy about, paid into social security for over 40years…….so, I’m sure I can speak for all of us, it’s insulting that he government acts like they are doing us a solid, I hate to say that 2025 suppose to be thrilled that we don’t get a raise at all…….
It is time for universal basic income for all.If everyone has money coming monthly it would drop crime dramatically. People steal because they have no money and no basic way to earn it is probably cheaper in the long run to give a basic income to everyone rather than taking people to court for stealing the expenses are enormous. You never hear the old saying, stitch in time saves nine!
Unfortunately when people go to jail they become "slave labor" earning about 60 cents an hour and have taxpayers foot the bill for the cost of the prison. The Plutocacy that own corporate America profits from cheap labor.😢😮😢😮‼️‼️‼️
People who steal will still steal it is called greed! It does not matter how much you give them people that don't want to work we'll always just try to take it from someone else jail is where they that is the problem is it's just all in there are not enough people going to jail no one steals because they are p I have been pouring I've known many people in the same state and they have never stole that being said the little raises the now the government spends too much of our money on the wrong things in the government literally steals from the social security fund
And I’d like to know why these insurance companies are posting record profits so why are we paying more our government had better start taking care of our elderly remember we all vote and this guy talking is so full of shit it’s funny
It’s not a real increase it’s only cover up on paper to cover decrease on another. Evelyn when you get a raise per hour each year then they increase medical insurance higher than hourly increase in your wages. Then medical insurances are going on and on every few months about their billion dollars in profits That is where they can save American some money. Shave off some of the billions on increases so we clean try to live again.
@shirleysmith9421 ideally, if you are retired and collecting SS you have spent a lifetime preparing for this chapter of your life by studying/learning a trade, saving/investing, living modestly/within your means, buying quality not quantity, ignoring those $$$pits - churches, sending any children to make their own way, and TAKING CARE OF YOUR HEALTH. Retiring comfortably was not something I "just fell into", I chose each of the above options and can indeed manage with 2.5% COLA. Be honest, did you?
Why make such a big deal about a raise in social security when Medicare always goes up more than the raise in social security. Sounds more like we can always expect a cut every year in our social security check. Seems like someone needs a lot more instruction in arithmetic .
We really need to do a better job with our seniors.
2.5% an insult disgrace
Yeah they dropped my food stamps cuz I got $22 on my cola they can't have us living too good
2.5% what a joke 😂😂😂
So were gonna be 3.4% in the hole... thanks a lot...
That's called Bidenomics. And they are proud of it.
So SSI will go up $50. and the Medicare will increase by around $10.00. It will increase approximately $40.00.
And you cannot blame it on Biden. My mother had a similar situation under the Reagan administration....$20.00 more on SSI, but Medicare B went up $12.00 monthly.....typical.
SSI will increase approximately $50. & Medicare will take $10.00 of that. It is typical.
My mother had the same problem one year (under Ron Reagan). SSI increased by $20., & Medicare took $12.00 of that monthly.
What's the use getting a cola of 2.5 when medicare part B is going up from 174.70 to 185.00 a month
I know. What a damn joke with govt screwing the elderly and disabled
Suggesting to seniors that they build alternate sources of income when they only have social security and they are past 67 with no chance of getting meaningful work is the stupidest thing I have ever heard. How do you build other income streams when you have no extra cash or ways of getting cash?
You are not wrong.
the best advice for anyone in good health....wait til 70 to take social security....
you not only start out with a larger check....every cola forward pays you up to double of what many who took at 62
There are infinite ways to earn an honest income.
Me for instance, Im 72 and am self employed cleaning vacation rentals and cleaning homes on the market for realtors.
As for non-physical labor, Ive hit yard sales for resale on Ebay. Also picked up unwanted contents from homes that were going up for sale.
Once I came across a couple of Louis the XVI cognac that I almost tossed until I learned from a search that tho the bottles were valuable, those full ones were worth 1200 each.
i believe in actively taking control of generating an income, but if a person is truly physically or mentally disabled from doing anything then they should be considered for a higher monthly amount of SS.
@@MsDc52the trouble with your answer is people like me should be considered for a bigger payment because I am unable to do any kind of physically or mentally but they do not consider that, thus my income is fixed
50$ won't cover groceries
For "obese" America, you are correct! Who's fault is that?
@@isitrachelorj3953stupid reply on your part. Try harder
I got my 32.00 next month they dropped my food stamps
2.5 is a freaking insult....imagine how much we send to Ukraine just being wasted
This was the same before Ukraine. Maybe you might want to imagine how they feel nothing home now food and their family members getting killed. Can't claim to live in the greatest country when you don't care about others.
@boxerblvd3514 I don't claim 2 I know I live in the best country on Earth I know we're morally corrupt but every country is sorry yours isn't up to par
@@boxerblvd3514 That was MAGA typical talk. It's all about me, according to them. We'll see how far that will go when they find their own sources cut.
Sorry, but it will get worse, not better. Get used to it.
Most of us are trying to imagine why 2.5% isn't enough for the uneducated, lazy, underachieving, pissed-at-the-world, full-of-regrets, seniors who depend on government checks and vote for TRUMP.
It has been over 53 years since they made a major adjustment to Social Security. Do you think Congress might agree to a 53 year pay freeze?
Maybe the cola has to be at least same percentage as what Medicare goes up but still doesn’t equal. My part G went up about 10% as my part D went up 200%.
Working to a good age to get a better SS income is irrelevant when you become totally disabled at age 59.
Great response Ramsey!!!
Right it’s very easy for people to say keep working if they had a low impact non physical job. Working outdoors 12 months a year with high temperatures and freezing your ass off in a northeast winter. Those people will never know the toll it takes on a persons body and when our age increases it’s almost impossible.
Inflation is not down!! Where did you get your information? It’s been talked about by many during political. Just heard dollar value down 26%. You need to elect part D or be charged (fined)$$$ even if you don’t take a perscription.
You do not have to elect part d I don't have it and I'm not required to have it
Actually the dollar is dead and the value right now is 4%.
The 2.5% COLA for 2025 provides a modest increase in benefits for Americans receiving Social Security and SSI payments, helping to offset the rising cost of living and inflation. This increase offers essential financial relief for vulnerable populations like retirees.
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Steady decline in inflaction? Have you been watching MSNBC again? Been to the grocery store, or tried to buy a house lately?
Don't forget your supplement plan will go up too. .
Biden-Harris did that by using our Medicare money on EV crap.
So a negative 3.4 percent, thanks Joe
Added to my $900 from SSA 2.50% works out to be a whole $2.50 added.
Double of what I receive or even Triple would be about RIGHT.
@@keithfreeman5204 25.00??
no one mentions it but heres the truth....your smaller check will get smaller cola raises.....and never really catch up...on the other hand...waiting til 70 makes every check bigger...and ever cola by the percentage of the cola....but its huge....
2.5%? Medicare B up 6%, supplement insurance up
3+%.Drug plan 2+%, electric 15%,water and waste 3+%.
That 2.5% is to cover 30%of monthly bill increase??😮😂😂😂
Retired on SS, doing just fine! But then I'm not an obese, 2-pack a day, alcoholic, addicted to KENO and lottery tickets, who lived the first 50 years of my life with no regard for my health.
@@isitrachelorj3953 Aw, aren't yo the lucky one. I'm not obese, don't smoke or drink, don't play the lottery, took (and take) care of my health, and am not doing well. Hope your kidneys don't go bad when you're 58 and barely make it working to 62. I've been on SS for 12 years and I still have another 7 to go before I collect what I paid in over 47 years.
$50? Maybe? 4 Dozen Eggs and 4 Cups of Imitation Butter. Gee Thanks. 😊
Surely you jeste? Who/what healthy person goes through 4 dozen eggs a month? Never mind the butter!
@@isitrachelorj3953maybe a family genius
@@isitrachelorj3953eggs and butter are both extremely healthy for you p check it out egg yolks p, and butter are extremely good this is good fat and cholesterol, read up and study on something before you make comments
What rock are you living under regarding the reality of COLA & Medicare. We paid into Medicare our working lives plus we are taxed on money we paid taxes on- double dipping in addition to paying for Medicare a second time. This is not rocket science. You can’t make us think we are getting a good thing😮.
I got a 2.5& % increase and then they took it all back plus $20 to pay for my insurance.
should be law that cola at least stays up with part b d etc
There is a law on part B ITS called ( HOLD HARMLESS)
They are actually two different program programs. They are hooked just for the convenience of paying the premiums and insure compliance.
It’s time to create an organization to resolve the senior citizen concern. 2.5% is a total joke.
Especially when the gd criminals in congress try to give themselves a 6.5% increase. Aw, they haven't had a raise in 10 years. I don't see any of them leaving office, and if they do they're like Cortez-Castro and in 6 years go from bartender to $24M net worth.
So we will get less money in our check. 50.00 up Medicare up.
Screw the perscription drug allowances. Nothing like telling Americans "go ahead, overeat, smoke, drink like fish, couch potatoes rule, healthy-smealthy-who cares". Americans are all doped up to treat their vices. That's not healthcare, that's enabling.
You must be a lunatic. I don’t do anything on your stupid list. Maybe if you were smart you would state maybe a small percentage of Americans
Let's not forget to have medical coverage that actually covers most of everything I pay another $100 per month. What a gift
This is a bad joke, insurance always eats up the majority of the COLA. The COLA won't cover 1/3 of the homeowners insurance increase. It won't even cover the car insurance increase. The COLA yields a considerable reduction in the lifestyle for seniors. This has been the case for decades, and many seniors no longer have "disposable" income. This is an insult.
Hey Mike, move out of that "third-world shithole" (trumps words) that you call home - Florrible, may be Texass, or any of those other UNNATURAL DISASTERS - MS, AL, GA, LA, SC, NC, OK . . .
do you know its only $4.29 raise in 2025 .
Average COLA $50 Part B just under $10
the good news it your getting a raise but the bad news is your getting less.. we are proud to have giving you a raise.
I didn't rely on social security. I couldn't get a decent wage because of low minimum wages and constant republican recession layoffs... each layoff I lost 3 to 5 dollars an hour, making my last ten to 20 years my lowest wages...women never had decent wages so never have extra money to invest.
Nothing about bidenflation, huh? What a sos.
What is wrong with you 2.5% isn't really going to help us alot we need people that are listening to the people on Social Security SSI SSDI and VA we need a lot bigger increase to get us up were we need to be we can not maintain a home do t he repairs and make a living on what we are getting
To corporate America (the owners of the USA) we are not Useful as retired workers so we don't count anymore!😢😮😢😮😢😮😢😮😢😢😮‼️‼️‼️
Not only that . They are gonna gut it completely.That is what you call the beginning of the purge! The culling! Etc.
Can I drop part B Medicare?
Oh wow! A big $48-$50.00. Don't leave town. What a joke. Part B is going up $10.00. There goes money out of the Cola.
Lower prices better than 2.5
which is 10 dollars and thirty cents...
We shouldn't have any co-pay for our insurance we have paid enough
Love the comment "just know you will be paying more" Incredible! 2.5 increase - 5.9. What a gift for us seniors. You know if we were allowed to take our SS tax and invest it when we started working. Hmmmm 15 years old to 70 years old. 55 years of Davi g of investing would be nice to retire on. I guess because we have no choice that beats the "entitlement" lie.
Oh boy! 2.5 kola increase. An extra $40 a month.. Should I hire a financial planner?
what they never want to talk about is age discrimination when looking for part-time work,im not saying this happens to everyone just saying it happens.
That 5.9% is around $10 average COLA $50
Seems like a plan to save the Guv big bucks.
Social Security 2.5% is not big news terrible raise!!
So so sad people actually feel like we are suppose to be excited about your so call increase and the cost of ins is more expensive, what are we suppose to be happy about, paid into social security for over 40years…….so, I’m sure I can speak for all of us, it’s insulting that he government acts like they are doing us a solid, I hate to say that 2025 suppose to be thrilled that we don’t get a raise at all…….
Prices have gone up 23% because of Biden!😢 thanks a lot congress 😮
Why do you permit that the y take moneo off of you realizó its not rugby clise we will get les moneo no mater what tórax Web get
55
Is nothing
PART B IS MUCH BETTER THE 2.5% IS A JOKE.
1969
2.5 %is not enouth
It is time for universal basic income for all.If everyone has money coming monthly it would drop crime dramatically. People steal because they have no money and no basic way to earn it is probably cheaper in the long run to give a basic income to everyone rather than taking people to court for stealing the expenses are enormous. You never hear the old saying, stitch in time saves nine!
Unfortunately when people go to jail they become "slave labor" earning about 60 cents an hour and have taxpayers foot the bill for the cost of the prison. The Plutocacy that own corporate America profits from cheap labor.😢😮😢😮‼️‼️‼️
People who steal will still steal it is called greed! It does not matter how much you give them people that don't want to work we'll always just try to take it from someone else jail is where they that is the problem is it's just all in there are not enough people going to jail no one steals because they are p I have been pouring I've known many people in the same state and they have never stole that being said the little raises the now the government spends too much of our money on the wrong things in the government literally steals from the social security fund
And I’d like to know why these insurance companies are posting record profits so why are we paying more our government had better start taking care of our elderly remember we all vote and this guy talking is so full of shit it’s funny
Who cares? Just smile when you see and receive the increase.
It’s not a real increase it’s only cover up on paper to cover decrease on another. Evelyn when you get a raise per hour each year then they increase medical insurance higher than hourly increase in your wages. Then medical insurances are going on and on every few months about their billion dollars in profits
That is where they can save American some money. Shave off some of the billions on increases so we clean try to live again.
Stop buying lottery tickets, cigarettes, alcohol, gambling and shopping for cheap "shit" that you don't need (or even want) and 2.5% is enough.
Where the heck do you live ,Disney land
Not if your House Mortgage or Rent and Food costs are going up!😢😮😢😮😢😮😢😮😢😮😢😮😢😮😢😮‼️‼️‼️
We don't smoke buy alcohol or play the lottery but still struggle to make ends meet‼️
@shirleysmith9421 ideally, if you are retired and collecting SS you have spent a lifetime preparing for this chapter of your life by studying/learning a trade, saving/investing, living modestly/within your means, buying quality not quantity, ignoring those $$$pits - churches, sending any children to make their own way, and TAKING CARE OF YOUR HEALTH. Retiring comfortably was not something I "just fell into", I chose each of the above options and can indeed manage with 2.5% COLA. Be honest, did you?
2.5% is not enough, but you are right about everything else you have said stop the cigarettes booze and all the other nonsense