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Lee

Lower gas prices means no Social Security increase next year

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CavLancer

The cost of living actually decreased and they didn't decrease social security! Oh thank you benevolent government! You guys deserve a raise!

 

You have an unfortunate attitude Paul, smile, look where we live! The sun is shining, the ladies are singing, the fiesta is coming, the ocean waves wash in and out. :) Paradise!

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SkyMan

Who Does the Hold Harmless Rule Protect?

 

The hold harmless rule applies to all Social Security recipients except the wealthy (defined as those earning $85,000 for an individual or $170,000 for a married couple) and those who are receiving Medicare for the first year. In addition, there are low-income Medicare recipients whose Medicare premiums are paid by their state Medicaid agencies, and those premiums are not protected by the hold harmless provision.

 

The hold harmless rule also does not apply to the Medicare Part D (prescription drug) premium, but that program just started in 2006 and has not seen significant premium increases yet.

While I appreciate the information, if you're going to post what appears to be quoted from source it would be best if you can also post the link to the source,  Thanks.

 

 

Anyways, over the past yrs those COLAs really helped out my overall net worth!
Actually, if the COLA is accurate, it will never increase your net worth.  While the dollar amount you receive is larger, the value of those dollars are deflated so your value (worth) remains the same.
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colemanlee

 

 

Actually, if the COLA is accurate, it will never increase your net worth.  While the dollar amount you receive is larger, the value of those dollars are deflated so your value (worth) remains the same.

Dont tell him that...you will bust his bubble...thinking he is somebody

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Paul

While I appreciate the information, if you're going to post what appears to be quoted from source it would be best if you can also post the link to the source,  Thanks.

 

 

I googled "Who Does the Hold Harmless Rule Protect?" I got two results - the original source, and this forum. :D  :D :D

Screenshot 2015-10-26 07.40.44.jpg

 

 

Now, here is your answer to your question for Jimmy, as to where he got the information from:

 

The Hold Harmless Rule Protects Social Security From Medicare Premium Increases

 

screencapture.jpg

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