Thu
Nov 7 2019
09:20 am

... the Social Security Administration also announced that the amount of income subject to SSA taxes will be increased to $137,700. This is a 3.6% increase from the $132,900 of income... in 2019."

The cost of living adjustment for Social Security will be 1.6% in 2020. This is 43% percent less than the cost-of-living increase of 2.8% that was received this year, 2019.

However, the cost of living adjustment has been even less in the near past.

Historical cost of living adjustments: 2.0 in 2017, 0.3 in 2016, 0.0 in 2015.

"The average retiree will receive a bump of $24 to their average monthly Social Security benefits."
...

... the trustees for Medicare projected the standard monthly premium in 2020 for Medicare Part B, which would increase by $8.80 per month from $135.50 to $144.30 per person. This alone would eat more than a third of the 2020 Social Security cost of living increase."

TN Progressive

TN Politics

Knox TN Today

Local TV News

News Sentinel

State News

Local .GOV

Wire Reports

Lost Medicaid Funding

To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)

Search and Archives