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Thread: Social Security Benefits

  1. #13

    Default Re: Social Security Benefits

    When Janet Yellen wrote 'Nearly 50 million seniors could stop receiving Social Security checks for a time' in the case of a government shutdown, she did not reiterate that only delivery times may be affected, not payment amounts. Yellen has rang alarms that some social programs and other government obligations and debt payments could be affected if congress does not extend the debt limit. However laws are in place to keep social security benefits out of the reach of cut backs.

    What debt ceiling woes could mean for Social Security benefits
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  3. #14

    Default Re: Social Security Benefits

    U.S. Social Security benefits to rise by most since early '80s

    To keep up with inflation, the Social Security Administration plans to increase Social Security benefits by 5.9% next year. This is four times the cost of living adjustment made last year and the largest made since the 7.4% increase made in 1982.
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  5. #15

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    Default Re: Social Security Benefits

    The last time they did that it was eaten by my health care, Medicare and BCBS.
    10/12/2021
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  7. #16

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    Default Re: Social Security Benefits

    Zero increase in 2009 and 2010 after 2008's 5.8% increase.

    2021: 5.9%
    2020: 1.3%
    2019: 1.6%
    2018: 2.8%
    2017: 2.0%
    2016: 0.3%
    2015: 0%
    2014: 1.7%
    2013: 1.5%
    2012: 1.7%
    2011: 3.6%
    2010: 0%
    2009: 0%
    2008: 5.8%
    2007: 2.3%
    2006: 3.3%
    2005: 4.1%
    2004: 2.7%
    2003: 2.1%
    2002: 1.4%

    https://www.ssa.gov/oact/cola/colaseries.html

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