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Yo_Mama_Been_Loggin

(108,136 posts)
Thu Oct 10, 2019, 08:28 PM Oct 2019

Social Security benefits to get a 1.6% boost in 2020

It’s official: Your Social Security checks will get a modest increase next year.

The Social Security Administration announced Thursday that the cost-of-living adjustment for 2020 will be 1.6%.

That number is less than what retirees have received in recent years. In 2019, they got a 2.8% bump, while in 2018 the increase was 2%.

Still, it’s better than zero, which retirees saw in 2010, 2011 and 2016.

https://www.msn.com/en-us/money/retirement/social-security-administration-announces-benefit-bump-for-2020/ar-AAIzLJC

Hey, be thankful I didn't cut it back - Donald J Trump

12 replies = new reply since forum marked as read
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Social Security benefits to get a 1.6% boost in 2020 (Original Post) Yo_Mama_Been_Loggin Oct 2019 OP
CSRS retiree and survivor annuitants too. BumRushDaShow Oct 2019 #1
Pennies from heaven. But with VA pay it will help in the long run. Opel_Justwax Oct 2019 #2
Might just cover my rent increase... Wounded Bear Oct 2019 #3
Nope, not for me Trailrider1951 Oct 2019 #10
Meanwhile my town taxes are going up 4% , Historic NY Oct 2019 #4
Why don't you arrange to get cremated after you die. Blue_true Oct 2019 #7
Are you kidding I own the real estate.... Historic NY Oct 2019 #8
Even if I owned the real estate, the thought of slowly rotting over a century Blue_true Oct 2019 #9
"Hey, be thankful I didn't cut it back - tRump a kennedy Oct 2019 #5
And Medicare takes it away wasupaloopa Oct 2019 #6
This message was self-deleted by its author elocs Oct 2019 #11
Oh dear...I DO hope the billionaires can afford to finance that rate hike!! bullwinkle428 Oct 2019 #12

Opel_Justwax

(230 posts)
2. Pennies from heaven. But with VA pay it will help in the long run.
Thu Oct 10, 2019, 08:31 PM
Oct 2019

When I was young I never thought I would get disabled, but stuff happens.

Trailrider1951

(3,414 posts)
10. Nope, not for me
Thu Oct 10, 2019, 09:28 PM
Oct 2019

Social Security increase = $26.01 if they don't increase my Medicare premiums
Last rent increase in July = $40.00 Nope, not even close

Historic NY

(37,452 posts)
4. Meanwhile my town taxes are going up 4% ,
Thu Oct 10, 2019, 08:37 PM
Oct 2019

my pension went up 15 dollars a month, school taxes another 200+ each payment, medicare is refusing to pay for tests, mri, sad because I had lifetime medical until I got hurt. Even the cemetery wants money, I thought I didn't have to pay it until I was dead....humm. I really beginning to think I want a middle finger tombstone. At least I get the satisfaction of knowing it offends people.

Blue_true

(31,261 posts)
7. Why don't you arrange to get cremated after you die.
Thu Oct 10, 2019, 09:09 PM
Oct 2019

It is cheaper if you forego a church service and celebration of life ceremony.

For me, I may have come into the world with a cry, but I plan to leave it as silently and anonymously as possible, and I want to immediately be returned to the earth, not rot over many decades.

Blue_true

(31,261 posts)
9. Even if I owned the real estate, the thought of slowly rotting over a century
Thu Oct 10, 2019, 09:26 PM
Oct 2019

is off-putting. I would rather be turned to ash immediately and spread on the soil.

Florida allows people to be buried on their land. I just have no interest in that or in not being embalmed so that I rot quicker. The quickest route is how the ancient Norse did it.

Response to Yo_Mama_Been_Loggin (Original post)

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