#SocialSecurity #SocialSecurityincrease #SocialSecuritybenefits
Yahoo Finance’s Stephanie Asymkos reports on the biggest boost in Social Security benefits since 1983.
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That’s nothing…I’m not trying to stay on ssi
But do any of you people on ssi know that you cannot take even 20 bucks a month and invest for the future if your grandkids..for example a friend if mine on ssi won 9 thousand at the casino so he decided to invest the whole thing into a high tech company that he believes is going to be the way of the future…SSI said he can not do that he will be cut off if all benefits…in bout 10yrs that 9k would be worth over 90 million…which mean he left his family a nice little nest egg…ssi says no we wont let you do that…I told him to put it in his youngest grandkids name and hope he lives for another 10 yrs where hes the only one who can switch names on that investment
It’s nice but not enough
What happened to the $200.00 that we were supposed to get, not $80.00!!!
Debra this has nothing to do with the Biden administration or the Democratic Party the formula they use to adjust the cost of living for SSI SSDI has been used since 1975 Joe Biden and the Democratic Party could care less about our elders
I was thinking the same thing
BIDEN promised a livable wage for retirees so being as that’s subjective 80 bucks must sound good to this administration. Its insulting.
Just like the $2,000 stimulus turned into $1,400.
Every time they increase ss benefits they increase how much money you have to pay for your medicare deductibles, so people on ss never see a gain that assists them. I’m speaking from someone who is living with this. They say it helps those on ss but really it doesn’t.
I totally AGREE with you.
Your input is absolutely necessary.
AN EXTRA 80.00 WONT EVEN TOUCH THIS ECONOMY!! APARTMENT, AND RENT DONT GO DOWN, HELLO!! PRICES COULD GO DOWN ON GROCERIES, BUT BY THE TIME THEY GET IT STARTED IN JANUARY, WILL BE A LITTLE LATE!!! OUR GOVERNMENT IS IN FOR A SHOCK COME ELECTION DAY!!! BELIEVE THAT!!!!
I certainly wont b voting blue!
@florence smith smith
It doesn’t matter who you vote for they’re all corporate sponsored politicians. Nothing is going to change until voters realize we have a one party government. And that’s the 1% party. The other 99% isn’t invited.
Are you kidding? 80dollars a month! A joke!
Yes it’s all a joke I new we would not get the 200.00
You think eighty dollars is going to make a difference you try living with that !
We are dying out here ! We were forgotten again ! Why not try a real pandemic raise . Really it is not even 100 bucks !
It’s bull it just not that much when on my SS I could a can of pop a pack of gum and a bag of chips for a dollars that was in 2001 and now I can’t get none of them for a dollars it takes two dollars just for a pack of gum so the coat of living. Has when up all most 300 per cent and all we get ever year five to ten per cent of a dollar not a year
The government has spent all the SS money over the years they got about all of it out in the 80s so now that they spent about all of it they what to stop giving social security to us it not right
mine will only go up about $50. Medicare will go up too. So I’m not excited over this at all
What’s to get excited over, IT’S
ALL A HUGE LIE! THEY SAY THEY
ARE GIVING US A RAISE OF $80.00
DOLLARS. WE NEVER GET TO SEE IT. BECAUSE THE COST OF LIVING
HAVE GONE UP AND $80.00 DOLLARS IS AS IF IT NEVER
WAS! THEY ARE ( LTAOAU!!)
THAT MEAN, THEY ATE LAUGHING
THEIR ASS OFF AT US! MY GOD, WE ARE COMING INTO THE YEAR
2022 , EVERYTHING HAS GONE
UP EXCEPT, THE OUR COST FOR LIVING RAISE FOR SENIORS!!!
GET MY DRIFT!
the so called “”cola” raise it’s just a joke. And is just an excuse for them to not increase social security. They said they were going to give us at least a $200 monthly boost but apparently that was a lie
$80 ain’t nothing not when they going to cut your food stamps off
Lol next Jan lmao bite me lol omg
What about now That’s 5 mos away
$80 why I’m I hearing about this $200 dollars than? It’s not going to make a big difference with everything thing going up. We single people still can’t make it out here. It’s hard to find a one bedroom but yet the government will only pay for just that. People know those apartments are to high for we seniors and people on disability.
That is why I work part time…..
We need this
Really see at all
They should pay a minimum payment of at least poverty level then a cola
They will then just take it for medicare b payment
Seniors hit huge time as always very sadly to say, especially with everything going up Gas Food Supplies Rent Taxes were very much limited to spending if theres anything left🙄
What is the point? Medicare takes most of the raise for their increase
They are always finding away to
Take the little raise they say they
Give us US BLACK. We never received a raise, its ALL A BIG
LIE! I GUESS THEY THINK BECAUSE
WE ARE OLDER WE CANNOT THINK. SO THEY SIT BACK AND LAUGH ABOUT HOW DISGUSTING
AND DISRESPECTFUL THEY CAN
BE TOWARD US SENIORS. EVEN
THOUGH MOST OF THE DECISION MAKERS ARE SENIORS CITIZENS THEMSELVES. I GUESS THEY THINK THAT THEY ARE FOREVER YOUNG. THEY ARE SOOOOO DELUSIONAL!!!!
This is no where close to what we need and what we should get if the COLA was revised and calculated different
This has nothing to do with the Biden Administration or the Democratics the formula for increases has been around since at least 1975
Idk if it’s going to be 6% but if it is ,that doesn’t add up to $80.00 a month
How much will that add up to then….
@Terrance Cooley it depends how much you make a month,if you make $800…it’s closer to 50 if
Ben I get $979.00 a month for my ssdi amount…..
Ben I also work part time and make extra money on the side doing lyft for one or two days a week….
$80.00 is a flipping joke 🙄😒😑 Better than nothing. Why do others say Extra money? The raise is not extra!!!!
When you get a raise, everything else raises also, like your premium and your medicine, so you dont really get a raise for alot of people.
That’s the whole idea for the COLA raise
@Denise Bailey but every year you get behind. Some people only make $700 a month.
Wowww !!!!!! whatttt $80 hole dollar’s SMFH
I only get 784 a month that won’t even make a difference hardly in my monthly bill unles we get the 125 percent of the poverty level
What’s sad many seniors get the same or less.
Get real you just trying to kill the people who already put taxes in.. my rent went up to 800 from 650 and all the places are like that.. putting my health at risk needing roommate and they are all thief’s. Take note young workers, you spend your whole life paying taxes no matter if you score a good job or not.. then they don’t WANT TO BE REASONABLE on your needs after your TOO OLD TO FIGHT AGAINST THEM
They will turn around and take it for Medicare
WHEN WELL we get the fourth
They need to stop with the bullshit! Wtf is $80 going to do for a month? After they raise the controlled rent, high food prices along with supplies, (tissue, detergent bleach, soap, etc.), it’ll feel like you never got nothing! Get real, cause at this point, $200 would barely touch survival mode. What I’d like to do is give them in government what we’re living on, then give us the feedback! Most of them aholes would commit suicide the first month!!!
All of that extra money? $80 dollars? Gees what are we going to do with it?
The wife wants another fountain on the entrance to the chalet.
Pay it to Medicare. LOL
This is nice god bless you all for the help
🤣🤣🤣🤣🤣
What a joke. Boost? They will just raise all of our other things Medicare deductible, etc.
This is a 5.8% increase of your monthly SSDI OR SS OR SSI. This means if your monthly check is as low as $800, the new amount will be $848. Your monthly check will need to be about $1400 in order to get the full $80 increase per month. Still, it is a good increase.
As of right now I get $979.00 a month for ssdi….
Faith Nicholoson if I get $979.00 how much will I receive for my new payment amount…
@Terrance Cooley , 979.00 + 5.8%= $1038.75. That’s an increase of $56.78 per month. An annual raise of $681.36. That is an annual income of $12,460. The Federal Poverty Level is $12,760 for one person this year. This means you qualify for housing assistance where you are only required to pay 30% ( $340. ) per month on rent. Without rent subsidies and SNAP benefits with the raise many seniors and disabled cannot afford rent and food. While the raise sounds substantial, it does not keep pace with inflation. The cost of gas has risen about $2 per gallon since January. Energy and food prices have increased sharply as well. Their are assistance programs for these necessities to help offset the cost. No programs exist to help with rising fuel prices. This has a direct impact on disposable income. Anyone living on a fixed income has seen disposable income decrease substantially since January when gasoline started to increase in price. While a 5.8% increase in Social Security benefits would be the largest annual increase in decades, it is not nearly enough to help those who rely on it as their sole source of income. Seniors and the disabled need to advocate for a new method to calculate inflation that determine annual cost of living increases. Until this system is reformed, the most vulnerable population will be the poorest group of Americans. AARP is not our advocate. Also, each time we are given a pay increase, the monthly Medicare premium also increases and absorbs that income. For years , seniors and the disabled are not taken care of properly. This is a program every worker paid into to sustain themselves when they could no longer work. Each parent with children are collecting $250 or $300 extra per month per child. An individual on SSI OR SSDI OR SS can qualify for foodstamps in the amount of $234 if their income is less than $1334. Our disabled and elderly often need the help from food banks and frozen meal supplements provided by the government. Like children, the elderly is also vulnerable to poverty, abuse and crime. Unlike children, the government does not provide vouchers for caregivers to assist with activities of daily living. There needs to be more money allocated toward their income raises, food, care, and transportation. I know I went into areas past your question but the elderly and disabled are overlooked and many of their needs are not met in our society. I just wanted to hilite these needs as well as income raises.
@Faith Nicholoson if the SGA a month is $1310 how much we are getting in January what will be the new amount we can’t go over for each month….
It’s better, but most definitely not GOOD.
HOT INFLATION IS NOW EVICTION IS NOW WHAT GOOD WOULD A RAISE DO NEXT YEAR IF WERE NOT ALIVE TO RECIEVE IT WERE SUFFERING NOW WILL YOU BE ABLE TO LOOK MY GRANDBABYS IN THE EYE AND SAY WHAT IM SORRY IF SHE COULD HAVE ONLY HUNG IN THERE TILL 2022
We need to get at least $200 extra a month
More like 500, but yup.
Old people just need to get a part-time job.
80 dollars won’t even pay my electricity bill I pay 200 dollars for a one bedroom….. get dog food for 40$ !!! Then put 40 for water
Sure my check will go and also the rent.!!!
Wow wow dont over do it for ss
That’s less then 2 dollars a day.. We’re a third world country 🥺🥺
Tax the rich 🤑🤑
I’ll be grateful for any raise …. it’s better than nothing..
So we should be grateful for living on the streets in tents??? If you say so.
The government is a joke…
F first of year people n u f n crongress n quit get people Hope’s that need it n ger some fcking money out here n quit pissing down our leg n act like rainin outside beaches
Wow really? This is so sad 😥😱😱 omg 😲😲!can’t even afford food are personally are house stuff and gas ⛽ too! Praying for everyone 🙏🙏🙏
SSI elder disabled living way below the poverty line. That extra money won’t even bring me up to the poverty line… No public transportation, and all I buy is the necessities and do without a lot of them.
At first Biden said two hundred dollars now it’s only eighty dollars that is messed up is all I am saying
Wooow that pitiful y’all gotta be kidding I can pk up cans and make more than that the cost now is way more than that . it’s not extra money it will be no different than never getting a raise
$80 …. What a frickin joke!!! Paid my whole working life….
They will find a way to take away what you get. They raise Medicare premiums among other things.
It’s about time!! We paid our dues & some other ppls dues as well! Bring it on!!
I’m personally on SSDI these people don’t care about us but they care about homeless drug addicts who won’t work they care about migrants they care about illegal aliens and foreign countries welcome to democracy
Just keep it
Medicare will just suck it all up
80.00$ not much for many Biden better go deeper or his term will be a 1 an done….200 bucks like you said punk ppl haven’t 4 got you know this..And they waiting a hole 5 months to raise should have did that this year..
Not much help when rent goes up and food and medicene does too 80 bucks is something but not near enough
But how much will Medicare go up?
That’s not even up to poverty level WITH the increase! Thanks though! Go merica!
I am a senior and did not get any type of increase
It don’t matter the Medicare cost goes up too. 11 dollar raise and Medicare goes yp 15. Your screed anyway. These adds are fake.
Half of the 8o.oo dollars will be taken for part 2 Medicare ins.
I am a servant of God but i will hold my tongue 😷 $80 WHAT A JOKE OUR NATION SHOULD BE ASHAMED 😢HEY I TRUST IN GOD🙏
What about when u get minimum Disabilty n ssi ?
Don’t think can be increased .Right?
5.8 , percent, um big deal . Us folks on SSDI need at least a 20% increase to get back what we have lost in the bullshit COLA system
80 $ 😂😂😂😂 I’m surviving on 800$ .80$ my God what happened to 200$ raise??? Senior need help more of 80$
That’s not enough to help with the cost of living
@Blind to Billionaire
$80 Raise🖤🙏🙌💪
Even tho its not enough
GOD will make a wayy out of no way
Keep yur Heads up EVERYONE 🙏💪🖤⭐
I got $13 this year and My rent went up $15 I am looking forward to seeing how far I’ll be in the Hole in January 🖖🤬
Well we’ll .president said he would help American people..kids senior .young . Old.we all American people..but no help. But there one God that we’ll help American. People. Don’t trust man .Trush God..amen.
Bhutto cry
“All of that extra money” hahaha yall are extremely comically lame ..
$80 dollar raise is a slap in the face for the American people shame on this government
When
Well it is about time we got a decent increase. I am from Florida and I have been miffed for two years. My neighbor, who is on Medicaid and has never worked a day in her life, got a COLA increase that gave her more money each month than what I get on SSDI. I was a stay at home Mom for most of my three boys childhood and I only went to work after my ex husband and I divorced. Since I was a stay at home Mom, I didn’t work much and I get the bare minimum on SSDI, but for someone who never worked to get more than someone who did is wrong in my opinion.
They do social security people dirty very dirty put them last on the line and lied about the amounts of money they will receive
Only 80$ how about 500
Burial benefits needing revisions made….
WHO IN SAM’S HELL PAYS 255$ TO BURY YOUR LOVED 1
THIS HAS BEEN THE “NORM” SINCE ITS FORMATION IN THE LATE 1930’S EARLY 40’S
Did she actually say, “all that extra money”?
She did. Proving just how ignorant people truly are.
FLIPPEN CHICKEN SCRATCH. WITH WHAT GAS AND GROCERIES COST THIS IS INSULTING.
All that extra money? 80.00 is not enough. Silly statements..
So what I am sure you’ll raise medicare
And your double dipping
We already paid into Medicare out of our pay when we worked
EXACTLY! Why do we have to pay for health insurance and now also prescription insurance??? That’s 200 dollars a month.
Oh you can bet it’s going to it us in the ass in the next couple of years.
Knocking on hevans door
the words extra money is insulting for the retired.
what happened to the 200 dollar increase ?
5% COLA is a joke. Inflation is up 15%. They will raise Medicare 4.5% so in reality they are only giving a .5% and with gas, cable, insurance, rents, food etc. People on Social Security are losing again. People on Social Security are lucky if they make $12,000 a year. Some people only make $700 a month.
They are going to lose the seniors as a consumers group. Seniors are only going to have enough to survive never mind any extra to spend.
If you’re going to do a real report tell us how much Medicare is going up and deduct it from the $80.
It needs to go up along with minimum wages.
IF 1500 a month is now considered extreme poverty why is it okay for that to be the avg. SS payment
I know people getting almost $800 a week in unemployment since the pandemic started that haven’t worked in over 20 years, 50 years old still living with their mother. I never got my child support, and I only had two of the stimulus checks.
My daughter has two children and she is not receiving the child tax credit that everyone is getting starting in July…
Check out my what’s really happening playlist
THEY INCREASE SS, TAKE HOUSING, TAKE FOODSTAMPS. CAUSE THEY CLAME WE MAKE TOO MUCH MONEY. THEN WERE IN A WORSE MESS THAN WE WERE TO START WITH….ITS ALL A STFU PLOY.
THATS IT! THEY THINK WERE STUPID…🙄
It’s only $20 a month
The COLA should be at least 25% to make up for all the prior years when the COLA was way below the actual inflation rates. SS recipients have been losing buying power over many years now.
its all BULLSHIT. the cola increase has been so small for the last few years it hardly makes up for how the seniors have been being screwed the last few years. what about the 200 a dollar month increase which would have made a bigger impact. HOW FUCKED UP OUR GOVERNMENT IS. they can raise their pay any time they want too but SCREW the seniors.
Stop worrying about the government stop worrying about what man going to do and trust God he told I would never put no more on you than you can back believe he made you teenager Eagle Locker to you
I just got $187 posted today where did it come from