Blog
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We already knew Social Security benefits were rising 2.5% due to the Cost of Living Adjustment (COLA). We now know Medicare premiums will increase, as well, cutting into the increase for most recipients. Centers for Medicare and Medicaid Services (CMS) has announced the part B premium for most recipients will increase by $10.30 from $174.70…
3+ weeks ago -
Just when the Social Security Agency finally had a progressive, engaged commissioner in former mayor of Baltimore and governor of Maryland, he’s gone. Effective November 29th Martin O’Malley is resigning to run for chairman of the Democratic National Committee. Among other positive changes made during O’Malley’s all too brief tenure as commissioner was modification of…
a month+ ago
News
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Summer 2021 Newsletter STILL STANDING…AND PRACTICING I published the first issue of Social Security & You in Spring of 1993. Some years I’ve published more issues than others. The most recent issue was dated Spring 2019: over 2 years ago. The world was a much different place then. Especially for me. Read the full newsletter…
3+ years ago -
Spring 2019 Newsletter An Opioid Story I’ve changed his name. Let’s call him Gerald. He was a laborer. And by that I don’t mean that he just did physical work. He was a card-carrying member the Labor’s Union local. And that meant a lot to him. I represented him for Social Security disability and Michigan…
5+ years ago
NEW COLA FORMULA TABLED…FOR NOW
Last year Michigan followers of this blog as well as readers of Social Security & You, my newsletter read about a proposal to change the way annual cost of living increases for Social Security were calculated. The proposal to use a “chained” consumer price would have reduced cost of living increases which would have negatively affected, not only Michigan retirees, but Michigan recipients of Social Security Disability Insurance Benefits, as well as SSI.
It appears that plan is off the table, at least for now, as President Obama’s proposed budget for fiscal 2015 does not contain the new formula.
AARP, among others, lobbied against the change.
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