topic Social security and disability 8.7% in Personal Finance

Social security and disability 8.7%

Jnbmom — Fri, 16 Dec 2022 23:43:19 GMT

As everyone has seen they are raising up
8.7%. Now some places state this starts in January but when I checked my hubby's account it reflected the increase on his December payment . It always shows pending the Friday before it post the following week. Well the pending post is his previous amount doesn't include the increase .

Has anybody gotten the increase on their decembers payment? I am just not understanding although his social security account clearly show the increase for December payment😳

Re: Social security and disability 8.7%

coldfusion — Fri, 16 Dec 2022 23:56:07 GMT

I pulled up my mother's account and confirmed the deposit - December's payment was at her 2022 rate.

Re: Social security and disability 8.7%

Jnbmom — Sat, 17 Dec 2022 00:03:20 GMT

Thank you . I guess I misunderstood

Re: Social security and disability 8.7%

Tazman81 — Sat, 17 Dec 2022 01:12:28 GMT

Remember that these payments are one month in the rears. So basically the payment you receive in January will be "for December". That is likely where the confusion is. So yes the increase goes into effect "for December" month, but you do not receive your December month payment until January.

Re: Social security and disability 8.7%

Jnbmom — Sat, 17 Dec 2022 01:31:28 GMT

@Tazman81 wrote:
Remember that these payments are one month in the rears. So basically the payment you receive in January will be "for December". That is likely where the confusion is. So yes the increase goes into effect "for December" month, but you do not receive your December month payment until January.

Thank yes that makes sense appreciate it

Re: Social security and disability 8.7%

tcbofade — Sat, 17 Dec 2022 10:55:17 GMT

@Jnbmom, slightly off topic, but related...

... I no longer have access to that other thread. Can I assume that this means your husband finally got his approval?

Re: Social security and disability 8.7%

Anonymous — Sat, 17 Dec 2022 12:40:48 GMT

Jnbmom

Totally get your confusion. Remember, "government speak" can really be something from another world!

After working in (serving) in the government sector I often tried to use my private sector experience to introduce concepts and explains that regular folks found easier to digest (also often eliminated clarity phone calls).

Re: Social security and disability 8.7%

Jnbmom — Sat, 17 Dec 2022 13:24:06 GMT

@tcbofade wrote:
@Jnbmom, slightly off topic, but related...

... I no longer have access to that other thread. Can I assume that this means your husband finally got his approval?

Yes he finally did thank goodness ❤️

Re: Social security and disability 8.7%

SUPERSQUID — Sat, 17 Dec 2022 22:16:31 GMT

@Jnbmom wrote:
As everyone has seen they are raising up
8.7%. Now some places state this starts in January but when I checked my hubby's account it reflected the increase on his December payment . It always shows pending the Friday before it post the following week. Well the pending post is his previous amount doesn't include the increase .

Has anybody gotten the increase on their decembers payment? I am just not understanding although his social security account clearly show the increase for December payment😳

I am on ssdi. I just got the letter today from ss telling me my january check will reflect the 8.7 raise and it also told me the medicare monthly cost is down from 170 to 164.

Re: Social security and disability 8.7%

crystal626 — Sun, 18 Dec 2022 01:41:23 GMT

Doesn't SSI get the increase in December and SSDI in January?

The extra money is certainly appreciated. I got notice my SSDI is going to $1800 a month. Of course, it doesn't actually keep up with the prices I've been paying, but I'm not complaining.

Re: Social security and disability 8.7%

SUPERSQUID — Sun, 18 Dec 2022 16:17:25 GMT

@crystal626 wrote:
Doesn't SSI get the increase in December and SSDI in January?

The extra money is certainly appreciated. I got notice my SSDI is going to $1800 a month. Of course, it doesn't actually keep up with the prices I've been paying, but I'm not complaining.

In my case I was approved for ssdi in december 2017 but i applied in june of that year so my official date is june 30 , however i know the cycle for me is i get raised in december and the raise is on januarys check. I think it works the same for ssdi and ssi because the ssa sent me a letter that when i turn 66 and 9 months old my ssdi converts to ssi with only one change, my benefit will change by 1 dollar. I am not sure if its 1 dollar less or more.