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2022-10-08 Economy

Social Security's 2023 COLA: The Big Announcement Is Just Days Away

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Posted by Besoeker 2022-10-08 07:43|| || Front Page|| [1 views ] Top

#1 It's the inverse of gas prices. Gas prices go up fast* and come down slow. COLA goes up slow and comes down fast.

*even though oil now processing through the system was purchased at prices months ago.

Posted by Procopius2k 2022-10-08 08:18|| 2022-10-08 08:18|| Front Page Top

#2 Most of last year's 'massive' COLA hike went to increased Medicare payments. I expect the same this year, along with more inflation.

Posted by Bobby 2022-10-08 08:46|| 2022-10-08 08:46|| Front Page Top

#3 SO it wont be massive, the next day all other fed costs will go up to take it back. I hope the retirees vote...

Posted by 49 Pan 2022-10-08 10:38|| 2022-10-08 10:38|| Front Page Top

#4 Biden tells me the economy is so good, there might be a decrease.

Posted by swksvolFF 2022-10-08 11:03|| 2022-10-08 11:03|| Front Page Top

#5 Bobby I know about that first hand. I expect the same as well.

Posted by Deacon Blues 2022-10-08 11:03|| 2022-10-08 11:03|| Front Page Top

#6 49 Pan I always do.

Posted by Deacon Blues 2022-10-08 11:06|| 2022-10-08 11:06|| Front Page Top

#7 Purely by coincidence I expect Medicare premiums to increase by just about the same amount.

Posted by Too Old To Work 2022-10-08 13:39|| 2022-10-08 13:39|| Front Page Top

#8 Purely by coincidence I expect Medicare premiums to increase by just about the same amount.

Plus 10% for the 'Big Guy'.

Posted by Mullah Richard 2022-10-08 13:41|| 2022-10-08 13:41|| Front Page Top

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