Biden looking out for Senior Citizens

[Thinker101]

Expectations for next year’s Social Security cost-of-living-adjustment have changed once again as inflation continues to cool, this time inching a little higher to 3% based on June data.

If the 2024 COLA does come out to 3% in October, the average monthly benefit of $1,787 would increase by about $53.60.

Hell, that may cover half a tank of gas per month. But don't get too excited just yet, an increase in Medicare premiums may negate most of that COLA increase.

Social Security Checks Are on Track to Rise 3% Next Year

 

[Moonglow]

I use the VA and skip the medicare.

 

[Moonglow]

Any increase is welcomed.

 

[Manonthestreet]

 

[MarathonMike]

I use the VA and skip the medicare.

Good luck with that.

 

[Auld Phart]

I use the VA and skip the medicare.

I use both

 

[Moonglow]

Good luck with that.

I have already had great luck, in fact, it is better than when I had private insurance.

 

[Independentthinker]

Expectations for next year’s Social Security cost-of-living-adjustment have changed once again as inflation continues to cool, this time inching a little higher to 3% based on June data.

If the 2024 COLA does come out to 3% in October, the average monthly benefit of $1,787 would increase by about $53.60.

Hell, that may cover half a tank of gas per month. But don't get too excited just yet, an increase in Medicare premiums may negate most of that COLA increase.

Social Security Checks Are on Track to Rise 3% Next Year

And, they just established new rules for nursing homes on staff coverage, which the nursing homes are saying that they can't even staff now, let alone with higher staffing requirements, not to mention more staff means seniors will be paying more for nursing homes.