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Picture of SIG 229R
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Got notified sometime in mid November I think thatI was getting a (I believe they said 2% raise) just got my first SSA SSA deposit to my account and guess what it is identical to what it was last year. Where is the raise? It ain't in my checking account. Wonder if it went in someones pocket?


SigP229R
Harry Callahan "A man has got to know his limitations".
Teddy Roosevelt "Talk soft carry a big stick"
I Cor10: 13 "1611KJV"
 
Posts: 6066 | Registered: March 04, 2007Reply With QuoteReport This Post
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Aren't SS payments in arrears, i.e. January's payment is actually for the month of December?
 
Posts: 278 | Registered: January 20, 2011Reply With QuoteReport This Post
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I think they may deposit Jan's payment in Feb. If I recall the first payment was made in the following month. I assume that sometime in history a Democratic congress saved money by sliding payments for new SSA recipients. The same action as IRS requiring self-employed individuals to pay taxes a month ahead in June & September for July & October earnings.


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Posts: 3307 | Location: Nashville, Tennessee | Registered: December 16, 2004Reply With QuoteReport This Post
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Picture of PHPaul
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The 2% raise was offset by the increase in the Medicare deduction.

AFAIK, everybody "broke even".




Be careful when following the masses. Sometimes the M is silent.
 
Posts: 10418 | Location: Downeast Maine | Registered: March 10, 2010Reply With QuoteReport This Post
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Picture of henryaz
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quote:
Originally posted by PHPaul:
The 2% raise was offset by the increase in the Medicare deduction.

AFAIK, everybody "broke even".

In past years, this was the case. This year, I actually came out ahead. After the COLA, and a Medicare bump from $110 -> $134, I am getting $5.90 more per month "take home" for 2018.
 
 
Posts: 7549 | Location: South Congress AZ | Registered: May 27, 2006Reply With QuoteReport This Post
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Yes, the ol' bait & switch!
 
Posts: 2754 | Location: west 'by god' virginia | Registered: May 30, 2009Reply With QuoteReport This Post
Only the strong survive
Picture of 41
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You should be able to check your statement for the coming year which arrived about a month ago. Mine went up by $6 whole inflated dollars. Smile



"Donald Trump is the grizzly bear in The Revenant. If you get his attention, he’ll be awake, bite your face off, and sit on you.".. Newt Gingrich.

41
 
Posts: 10080 | Location: Herndon, VA | Registered: June 11, 2009Reply With QuoteReport This Post
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quote:
Originally posted by PHPaul:
The 2% raise was offset by the increase in the Medicare deduction.

AFAIK, everybody "broke even".


Bingo. I had figured my wife's "raise" (I'm not on SS yet). And my sister told me that the Medicare payments were increasing. Damn!
 
Posts: 156 | Location: Greenfield, IN | Registered: December 29, 2014Reply With QuoteReport This Post
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Picture of molachi
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I "got" a $7 raise, Medicare went up $7. I broke even. A friend "got" a $13 raise, his Medicare went up $13. He broke even. Everybody I have talked to has had the same results...A raise but no raise.
 
Posts: 871 | Location: The Backyard of Nowhere | Registered: August 09, 2010Reply With QuoteReport This Post
Stop Talking, Start Doing
Picture of Copefree
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What are you guys gonna do with this year’s windfall?


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Posts: 4383 | Location: North of Seattle, Warshington | Registered: August 31, 2011Reply With QuoteReport This Post
On the DL
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quote:
Originally posted by Copefree:
What are you guys gonna do with this year’s windfall?
I've had my eye on a Lamborghini.



A mind is a terrible thing.
 
Posts: 17478 | Location: Central Florida (near Orlando) | Registered: January 03, 2010Reply With QuoteReport This Post
That rug really tied
the room together.
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Watch out, we got some big spenders up in here.


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Posts: 4307 | Location: Floriduh | Registered: October 16, 2004Reply With QuoteReport This Post
Man Once
Child Twice
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My Medicare has been 134.00 for a year now. Haven’t gotten raise yet.
 
Posts: 9711 | Location: NE OHIO | Registered: October 22, 2004Reply With QuoteReport This Post
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