Closing Thought–17Jul17

In Saner Thought

Don’t Spend All That Money In One Place!

From time to time I try to be an FYI blog as well as an opinion blog with a little education thrown in for good measure……

Since so many of us bloggers are old farts that retired and depend on social security I thought I would pass on the news about the COLA for this year….

Millions of Americans who rely on Social Security can expect to see their biggest pay increase in years in January, per projections released Thursday by the program’s trustees, the AP reports. The increase is projected to be just 2.2%, or about $28 a month for the average recipient. For context, this year Social Security recipients saw an increase of 0.3%, after getting nothing in 2016. Some good news for seniors: The trustees project Medicare Part B premiums will stay unchanged next year. Most beneficiaries pay $134…

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