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Honored Contributor
Posts: 19,779
Registered: ‎09-06-2010

Re: SS / SSI / SSDI increase


@Ms tyrion2 wrote:

@gidgetgh wrote:

I’m not old enough for Medicare yet, but do draw scocial security. I’m appreciative of any increase. 


 

 

 

Same here. Any increase is welcome.


@Ms tyrion2.....see what I just wrote to gidget.  This goes for you too.....enjoy it.  

Respected Contributor
Posts: 2,910
Registered: ‎05-08-2017

Re: SS / SSI / SSDI increase

I look forward to Medicare.

My retirement health premiums went up a lot this year and that's with a high co-pay and deductible. If COLA increases offset Medicare increases, it's all good. The COLA adjustment is definitely a lot less than my health insurance increase

Respected Contributor
Posts: 4,354
Registered: ‎03-09-2010

Re: SS / SSI / SSDI increase


@feline groovy wrote:

 

The COLA (Cost of Living Adjustment) for 2019 is 2.8%.

For retirees plus Supplemental Security Income, disability, and survivor beneficiaries

 

Positive news, as even the smallest amount of extra money is something to be thankful for. 


My Medicare Rx plan just went up 33% for 2019.

Honored Contributor
Posts: 40,383
Registered: ‎08-23-2010

Re: SS / SSI / SSDI increase

USA Today just said the increase was 2.9% .... or maybe my coffee hasn't kicked in yet, and I am mistaken.  Woman LOL

Honored Contributor
Posts: 18,520
Registered: ‎07-26-2014

Re: SS / SSI / SSDI increase

Screen Shot 2018-10-11 at Thu, Oct 11, 2018-12.19.12 PM.png

"Never argue with a fool. Onlookers may not be able to tell the difference."


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Honored Contributor
Posts: 10,242
Registered: ‎07-29-2014

Re: SS / SSI / SSDI increase

[ Edited ]

@Tinkrbl44

 

Sorry, I just edited my OP to add that this news is directly from the SSA. 

(thanks, @Mz iMac, for your clarification post)

 

Are you awake now? Woman Wink  Could have been a USA Today typo, too.  

Valued Contributor
Posts: 514
Registered: ‎08-18-2015

Re: SS / SSI / SSDI increase

[ Edited ]

Based on the most recent actuarial report, the standard Medicare premium is expected to increase by $1.50/mo, to $135.50/mo.  If you have Medicare Advantage, those premiums are expected to decrease by 6% on average.

 

So you should be able to keep most of your COLA in 2019.  The exception being for ppl who aren't already paying the std prem of $134 (like my mom) - their premiums will increase by more than the $1.50/mo until you are caught up.

 

You will receive the official notice in late Nov/early Dec.

 

Count your blessings ... ppl like my parents who still have private company pensions son't get a COLA at all.

Honored Contributor
Posts: 40,383
Registered: ‎08-23-2010

Re: SS / SSI / SSDI increase


@feline groovy wrote:

@Tinkrbl44

 

Sorry, I just edited my OP to add that this news is directly from the SSA. 

(thanks, @Mz iMac, for your clarification post)

 

Are you awake now? Woman Wink  Could have been a USA Today typo, too.  


 

 

LOL  ...  Woman LOL

Respected Contributor
Posts: 2,472
Registered: ‎08-10-2013

Re: SS / SSI / SSDI increase


@SeaMaiden wrote:

@feline groovy wrote:

 @SeaMaiden

The COLA (Cost of Living Adjustment) for 2019 is 2.8%.

For retirees plus Supplemental Security Income, disability, and survivor beneficiaries

 

Positive news, as even the smallest amount of extra money is something to be thankful for. 


  They will do what they did last time... raise my medicare costs... so I end up with nothing more....


@SeaMaiden That is exactly what happened to me last year.  They gave me a raise and then raised my medicare payment.  I cannot believe those of us on SS get FAKE raises.

Honored Contributor
Posts: 16,242
Registered: ‎03-09-2010

Re: SS / SSI / SSDI increase

@ShowMeI didn't know that. 

 

I sort of remember my SS actually going down once when Medicare went up more than SS did, but I don't remember when.  And maybe I remember wrong!  Will see if my bank records go back far enough to see.