It amuses me hear Republicans cry class war fare when it is suggested that the wealthy should pay a little more in taxes, but to deny S/S COLA adjustments is fine with them. In August, Mary Johnson, of the Senior Citizens League, revealed that one in five older seniors had visited food pantries or applied for food stamps. This is what Ive found after some quick research. But there was no COLA in 2010 or 2011 because inflation was too low. So Barbara what you are really saying is, we take it back. So far this year, prices have been higher than that, Vlasenko said. But i am Poor only thing i can do is pray and hope God will help you- Money that Social Secruity gives is not alot so i know how it Is- With Food and Hosuing other bills its Gone. i wish i was bless with funds to help you. I have been disabled only for three months and im telling you I miss working. 4. Banks havent been a friend to anyone. All Rights Reserved. About 45 million people one in seven in the country receive both Medicare and Social Security. AND ON SSI People may receive compensation for some links to products and services on this website. Congress really shouldhave found a way to provide the $250 SSI paymentto those seniors who truly need the money, instead of tax cuts for the super-rich. Are we getting a $1,400 stimulus check? The IRS can begin sending out possible fourth stimulus checks in the same manner it sent the previous stimulus payments. Here's how those payments are coming along: 1.. Payments will increase by $34 on average to $621 in January compared to $587. Im sure that if they want or need to manipulate the facts about the S/S and Medicare system they can and will, including borrowing from it to support other interests such as reimbursing States for their expenses in providing Illegal Immigrant medical expenses. The Federal Government of the country will officially confirm SSI 4th Stimulus Check payment, and the overall payment process will be online in 2023. I get so sick and tired of ppl blaming Pre Obama for their problems, you was poor when he was voted in and you still poor so how did he hurt you LOL. If a private investment firm were to maliciously misappropriate workers pension funds in this way they would be indicted by the Justice Department for fraud. All right? Like the 2009 $250 payment, the additional $250 social security payment will most likely be paid out by the SSA and not count as income for SSI. The 8.7% gain this year is the largest in nearly 40 years. It is time to voice our outrage at the voting booth. If I only knew this before I moved. Thank you Seniors..I pledge allegiance to the flag. Has Tension risen Between President Joe Biden and Vice President Kamala Harris? Preferred Provider Organization (HMO) -Mid expensive way to cover heath cost. For example, an online petition that has received almost 3 million signatures is calling for a monthly relief payment of $2,000 for every American adult and $1,000 for every child through the end of the pandemic. An Orlando club promoter is identified as the victim of the deadly Casselberry shooting, 4 Factors That May Increase Chances of Long COVID-19, New Study Shows, COVID-19 Origin: American Scientists, Federal Health Officials Found Out Conflicting Root of the Virus, Surge of Omicron Variant Hampers Economic Recovery in the Country, 2 More $1,400 Stimulus Checks Could Be Released Anytime To Millions of Americans, Children Infected With COVID-19 Has Reached 1 Million, Wayne Brown Jr Died Read Now To Know More, $660 Monthly Stimulus Check Now Open For Application, $15,775 Can Now Be Claimed from IRS Open, $500 Million Child Care Assistance Remains Unclaim, Heres How To Apply. An Orlando club promoter is identified as the victim of the deadly Casselberry shooting, 4 Factors That May Increase Chances of Long COVID-19, New Study Shows, COVID-19 Origin: American Scientists, Federal Health Officials Found Out Conflicting Root of the Virus, Surge of Omicron Variant Hampers Economic Recovery in the Country, 2 More $1,400 Stimulus Checks Could Be Released Anytime To Millions of Americans, Children Infected With COVID-19 Has Reached 1 Million, Wayne Brown Jr Died Read Now To Know More, $660 Monthly Stimulus Check Now Open For Application, $15,775 Can Now Be Claimed from IRS Open, $500 Million Child Care Assistance Remains Unclaim, Heres How To Apply. Oddly enough, Republicans dont see that as tax, nor do they allow these people to be identified as a class, as in class war fare. There was one in 2009. I have been taking care of this child since the day she was born, mostly alone. By law, beneficiaries have their Medicare Part B premiums, which cover doctor visits, deducted from their Social Security payments each month. Maybe it would get people to do what is right because it is right. Those savings were administered into the stock market for the most part, and major corporations had a new influx of working capital with which they could finance their evolution to China, Japan, ect. disabled are forced to live in nursing homes due to lack of rent Notify me of follow-up comments by email. You also get an extra $1,400 for each dependent in your family . The government will have $306.7 billion worth of bills to pay between Aug 3. and Aug. 31 and is expected to bring in just $172.4 billion in revenue, according to an analysis by the Bipartisan Policy Center. As of September, the campaign had already begun, and a petition had been compiled by the campaign's backers. Moreover, while the 2022 COLA is intended to absorb the inflation shock for retirees, many may find themselves in a higher tax bracket because of the adjustment. For example, average gasoline prices topped $4 a gallon in the summer of 2008. Find In Detail By Jamuna Published January 3, 2023 cnet Long-term Social Security recipients and those who get Social Security will receive their first check with the 2023 cost-of-living increase on Tuesday. "The high cost of living adjustment, for many, just exacerbated their financial woes by bumping their income above program limits to qualify for medicare savings programs and extra help.". leave us poor people alone who live only on ssi/ss/ssdi/we can,t even make ends meet.and yet thats who you all hit frist .make the very rich pay more in taxes they can aford it .they get all the tax breakes we don,t i,m sick and tired of us who live on a fixted income being the frist you all pick on stop it.no wounder we have to eat cat/dog food.we can not get food stamps.but other i see in the stories they get them and you can tell they really don,t need them .but they lie and get them .so please give us the stimulus we need/and a cost of liveing raise we have not gotten in 2 years. Rep. Walter Jones (R-NC) introduced the bill (H.R 3557) on September 14, 2009 that would provide the $250 payment in 2010, detailed below, for an emergency Cost of Living Allowance (COLA) for Social Security recipients. Blessings to all just wanted to share . Residents who earn between $30,000 and $75,000 per year are eligible for $500 or $600, as well as $500 for households with dependent children. Some 55 million beneficiaries will find out for sure Wednesday when a government inflation measure that determines the annual cost-of-living adjustment is released. Market Realist is a registered trademark. AMERICA YOU MAKE ME SICK!!!!!LITERALLY!!!!!! It's asking Congress to provide monthly stimulus checks of $2,000 for adults and $1,000 for children for the "duration of the crisis". CANT GET LOW INCOME APARTMENTS. [4th Stimulus Check Update for Seniors] While multiple rounds of stimulus payments have been made over the last two years, many are asking if the government will make another (4th round) of payments to help folks cope with higher inflation and the rising costs of basic goods and services. They will also set new rules for the fourth round of payment. The IRS announced on Wednesday that new . The cancellation of a $250 SSI payment in 2010 was justified on the basis of low inflation (see update below). The badly needed Social Security payments would have helped 57 million seniors, a risky number to overlook considering the fall elections and how badly incumbent politicians are viewed. Will Social Security recipients get another stimulus in 2022? The Social Security Administration (ssa.gov) site is responsible for making these payments and is where you should check the official status of your missing or late SSI payment(s). Suppose your check comes on a different date than the date mentioned above due to your birth date or other circumstances. THEY DID FINALLY GIVE A COLA FOR 2012 BUT THEY NEED TO They do not openly associate the payroll tax deduction with Social Security, but truth be known, that tax deduction should have been called a Social Security payroll tax reduction. Answerer 1 This sickens me. For a new retiree in 2010, the Part B premium absorbs about 9% of the Social Security benefit, and combined premiums for both Part B and Part D absorb about 12% of the average initial Social Security benefit check. As demands for the fourth check rise, a petition has gained significant popularity. The fourth stimulus check will be between $200 and $1,700. Historically, the Social Security system was able to pay retirees benefits just from the interest earned from the massive accumulated reserves collected from decades of workers pay checks. We sHould not even be in the budget S.S. IS SUPPOSSED TO BE SEPERATE, Most people dont care thats why Alot of Rich people- Rich Oil Companies do you think they care about the Poor down the Road. The bill has been has been referred to the Committee on Ways and Means for review and should be put to a vote on the Senate floor in the next few months. Youll receive your first boost in benefit amount in January. Federal , State, SS, SDI, Local Taxes, FDCI, where is this money? Are you next??? Approved State Stimulus and Rebate Check Programs Nineteen states have approved legislation to get tax rebates flowing to their residents. The payments which would amount to $13 billion, where earmarked in the jobs bill which was deemed too costly by lawmakers trying to allay their image of big spenders. And throw in a It is an insurance supports its own self, it is n, WAS DOING SOME READING AND I FOUND THIS IT MAKES SOOOOOOO MUCH SENSE I WANTED TO SHARE, I dont think any of us down here really know the workings of budgets and money flow from the government levels. While waiting, you can view your Social Security benefits online at ssa.gov/myaccount. But the boost may not make a difference for many retirees who depend on the benefits and have to contend with recently increased Medicare costs and rising product prices. and health issues getting worse for insu. The federal government has paid out $3,200 to eligible adults in response to the economic crisis caused by the COVID-19 pandemic. The Social Security Administration typically sends out payments on the second, third and fourth Wednesdays of each month. why cant people with a real illness or disability be accepted for those apartments with pools and has a nice safe gated area? Our government along with its new token President and that is what every president is, has no use for us seniors we are a thorn in their sides. This additional payment will potentially be funded via the $787 Billion economic stimulus package and is expected to cost $13 billion in total. $2,000 4th Stimulus Check Update - Social Security, SSDI, SSI, Low Income. People may receive compensation for some links to products and services on this website. Thats going to run out before long, at the rate Im going. I used the non-filer put my information in and that of my husband and daughter who is 15, she is my biological child, I had her at age 38 (I am now 54). There is a petition online that aims to convince lawmakers to send senior citizens a fourth, $1,400 stimulus check. See our, Why Is It Taking So Long To Get My Tax Refund. Middle-class families can receive an additional $1,100 stimulus check. Offers may be subject to change without notice. A one-time check for the more than 64 million Social Security beneficiaries would come with a hefty price tag of nearly $90 billion. They are all in bed together we are the worse of the worse on this planet and everyone but us will tell you so. While a fourth stimulus check for Americans seems doubtful, a certain group of individuals might be eligible to receive additional funding. Source: www.youtube.com. The state government declared that social security recipients wouldn't get the stimulus payment, even if it's their sole source of income. 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