SS 2019 COLA could be close to 3%

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mickeyd
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Re: SS 2019 COLA could be close to 3%

Post by mickeyd » Sat Sep 29, 2018 1:41 pm

Looks like the COLA for 2019 will be closer to 2.8%.
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dm200
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Re: SS 2019 COLA could be close to 3%

Post by dm200 » Sat Sep 29, 2018 2:01 pm

mickeyd wrote:
Sat Sep 29, 2018 1:41 pm
Looks like the COLA for 2019 will be closer to 2.8%.
There will, then, probably be some recipients who are winners (THEIR costs go up LESS) and some losers (THEIR costs go up MORE).

jebmke
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Re: SS 2019 COLA could be close to 3%

Post by jebmke » Sat Sep 29, 2018 3:06 pm

dm200 wrote:
Sat Sep 29, 2018 2:01 pm
mickeyd wrote:
Sat Sep 29, 2018 1:41 pm
Looks like the COLA for 2019 will be closer to 2.8%.
There will, then, probably be some recipients who are winners (THEIR costs go up LESS) and some losers (THEIR costs go up MORE).
Yes; someone with a larger mix of income in a non-cola pension and/or fixed annuities might prefer lower inflation.
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ObliviousInvestor
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Re: SS 2019 COLA could be close to 3%

Post by ObliviousInvestor » Thu Oct 11, 2018 8:35 am

Official press release:
https://www.ssa.gov/news/press/releases/2018/#10-2018-1

2.8% COLA
New maximum taxable wages: $132,900
Mike Piper, author/blogger

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dm200
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Re: SS 2019 COLA could be close to 3%

Post by dm200 » Thu Oct 11, 2018 9:27 am

ObliviousInvestor wrote:
Thu Oct 11, 2018 8:35 am
Official press release:
https://www.ssa.gov/news/press/releases/2018/#10-2018-1
2.8% COLA
New maximum taxable wages: $132,900
For my wife and I - at least an increase of something and not offset by Medicare increases :)

GeoffD
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Re: SS 2019 COLA could be close to 3%

Post by GeoffD » Thu Oct 11, 2018 9:58 am

When does the SSA update SSA publication no. 05-10070 so I can update my spreadsheet and their benefit estimates on their web portal?

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