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Fiendish Thingy

(18,946 posts)

4. At the present moment, you are wrong.

Reply to Post removed (Reply #3)

Wed Sep 14, 2022, 10:52 PM

Sep 2022

I believe SS is projected to have insufficient funds around 2040. Not run out of money, but not have enough to meet its monthly obligations. Something will have to change by then- the most obvious is the income cap for withholding. Lifting the cap makes SS solvent indefinitely.

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Social Security recipients could receive 8.7% COLA bump in 2023 as inflation soars [View all] question everything Sep 2022 OP

But US Treasury is in debt already at140 Sep 2022 #1

At the beginning of 2022, the SS Trust Fund... ret5hd Sep 2022 #2

Post removed Post removed Sep 2022 #3

At the present moment, you are wrong. Fiendish Thingy Sep 2022 #4

As Social Security retire news know, they won't actually get all of any increase.,,, dixiegrrrrl Sep 2022 #5

I have an Advantage plan and I don't have PoindexterOglethorpe Sep 2022 #7

I have an Advantage plan as well. My experience has been similar to yours. Bilateral cataract Tess49 Sep 2022 #10

Any speculation on how much the cost of medicare will rise? Tess49 Sep 2022 #6

I read that it will not go up at all. PoindexterOglethorpe Sep 2022 #8

I thought I read that too. I was hoping it wasn't just wishful thinking on my part. Tess49 Sep 2022 #9

Plus, even though yes, there are years when the SS increase PoindexterOglethorpe Sep 2022 #11

Wish I could have waited until age 70. Wasn't possible. Tess49 Sep 2022 #12