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…
a month+ 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
COLA PREDICTIONS KEEP ON COMING
The record setting inflation numbers being reported all year have led to speculation on what the Cost of Living Increase for Social Security recipients might be in 2023. COLA is figured on the Consumer Price Index for Urban Wage Earners (CPI-W) for the third quarter (July, August & September) of the current year of the prior year’s third quarter.
Different organizations have different predictions, but they are all at or near double digits.
The Senior Citizens League estimates a 10.5% hike, based on current data.
The Committee for a Responsible Federal Budget puts it at 11.4%.
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