Reply
Community Manager
Community Manager

Social Security Benefit to Increase 2.8 Percent in 2019

Social Security benefits will increase 2.8 percent in 2019, the largest cost-of-living adjustment (COLA) in seven years. AARP Chief Executive Officer Jo Ann Jenkins said in response, “The COLA brings needed income security to those depending on their earned, modest benefits. Unfortunately, the cost of living increase may not adequately cover expenses, including health, prescription drug, utility and housing costs.” (Read more...)

 

For answers to Social Security questions, including when to claim, AARP has launched the Social Security Resource Center, a one-stop shop for consumer information.

 

What do you think about the 2.8% COLA increase?

 

 

0 Kudos
1,502 Views
3
Report
Regular Contributor

Better than a sharp stick in the eye!  Never turn down a raise, they only come around every so often!

0 Kudos
1,209 Views
0
Report
Bronze Conversationalist

What do I think of the 2.8 % increase ??

It's virtually useless since Medicare premiums increase at the same time.

So-o-o-- what increase ?

Sandee2
0 Kudos
1,299 Views
1
Report
Honored Social Butterfly


@ss11943859 wrote:

What do I think of the 2.8 % increase ??

It's virtually useless since Medicare premiums increase at the same time.

So-o-o-- what increase ?


Unless you are a higher income beneficiary or unless your income went up substantially from getting Extra Help to not getting Extra Help, the Part B premiums only went up from $134 per month to $135.50 for most everybody and that ($ 1.50 ) is far less than the 2.8% COLA for 2019.

It's Always Something . . . . Roseanna Roseannadanna
0 Kudos
1,294 Views
0
Report
cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 
Users
Need to Know

AARP LIMITED TIME OFFER: Cyber Week Sale! Join or renew for just $9 per year when you sign up for a 5-year term. AARP Membership Cyber Week Sale

More From AARP