OT: SS or SSI Benefits...?

[haikuman]

Has anyone ..... seen the The COLA increase yet...?

[samintx]

Yes, I got my papers for the increase....but they told me you didn't get one this time around.:oldfogey:


I think it amounts to about a $50.00 a month increase.

[haikuman]

samintx wrote:
Yes, I got my papers for the increase....but they told me you didn't get one this time around.:oldfogey:


I think it amounts to about a $50.00 a month increase.

*(:>* Did you see the increse yet in a Dec or Jan check...?

Yes I admit I am an oldfogey, birthdaze seem to be incurable disease... I had my SS card by the time I was 12. Thank gawd I have been, contributing/paying into SS for almost 50yrs.... yikesss ~!~

[AlphaDog]

5.9% that went into effect on January 1 for Social Security. The increased amount was deposited to my account on Jan 21. Since it's based on a percentage, you can easily calculate how much it should be.

[haikuman]

Found this link @ SS Website

http://www.ssa.gov/pressoffice/pr/2009cola-pr.htm

[riley5108]

Actually, mine works out to be a 5.81% increase around $88.20/month. That's after taking $96.40 out for part B and an additional 10% taken out for federal taxes.

Getting as old as dirt, but I'll have to live a long time to get back what has been paid into it over 40 years.:oldfogey: