It’s Your Money > Social Security and Pensions
Re: 2022 COLA
MotorSarge:
Wowww....the 2022 Military and SSI estimated COLAS are looking at 5.6 for both!!...Too bad its been quagmired by sleepy Joe and his hoe already.
Gray Wolf:
Some predictions are as high as 6.1%-6.2%
https://www.fedsmith.com/2021/07/13/2022-cola-data-shooting-higher/#:~:text=The%20Senior%20Citizens%20League%20now%20estimates%20the%202022,final%20figures%20for%20the%202021%20COLA%20were%20announced.
https://www.asppa.org/news/browse-topics/2022-social-security-cola-estimate-rises-again
MotorSarge:
Defiantly an indicator that Petroleum & Taxes will sky rocket 8) :D
--- Quote from: Gray Wolf on September 12, 2021, 02:54:38 AM ---Some predictions are as high as 6.1%-6.2%
https://www.fedsmith.com/2021/07/13/2022-cola-data-shooting-higher/#:~:text=The%20Senior%20Citizens%20League%20now%20estimates%20the%202022,final%20figures%20for%20the%202021%20COLA%20were%20announced.
https://www.asppa.org/news/browse-topics/2022-social-security-cola-estimate-rises-again
--- End quote ---
M.C.A.:
They always seem to have post a higher percetnage before it's approved in October, but any COLA increase is surley will be appreciated.
clarkee:
I'm hearing here in the US the COLA will be announced on Oct 13. Now seeing is believing. My civil service pension will be quite a bit lower since I'm under FERS and Not CSRS. About 1% lower if its over a 2% inflation. Not sure what my Air Force Reserve pension will be with 10% VA. Anything is better then nothing unless it puts you in a higher tax bracket. LOL!
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