2017 COLA - Slight increase possibiliby
 

Trustees: Tiny rise in Social Security benefits next year

Jun 22, 3:47 PM (ET)

WASHINGTON (AP) — Millions of Social Security beneficiaries would get a tiny increase in monthly payments next year — less than $2.50, about enough to buy a gallon of gas.

Meanwhile, Medicare is expected to go bankrupt sooner than expected — 12 years from now. And some beneficiaries could face higher monthly premiums next year. :mad:

FULL ARTICLE LINK

SIDEBAR: Well, it's better than nothing!!! :p



:hug:

We are getting a whopping 0.02% increase! :(

Well, I've got some financial planning to do now!! :p

don't spend it all in one place

I honestly don't think there's anywhere with anything that inexpensive!! :D

If we all pooled our increases we might just be able to afford a large cheese pizza! :p

where do you look to see if you are getting a raise

i got my statement today. the miniscule raise we are getting is entirely used to pay a medicare increase. i am not getting a cent more than last year. yet another year with no raise.