Your Social Security check could get a boost in 2020 - here's why

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  • Опубликовано: 1 ноя 2024

Комментарии • 122

  • @SarahOlivera-t4z
    @SarahOlivera-t4z 3 месяца назад +140

    I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

    • @BarbaraLouise-i3r
      @BarbaraLouise-i3r 3 месяца назад

      The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @FolarinSodiq
      @FolarinSodiq 3 месяца назад

      @@BarbaraLouise-i3r It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @SarahOlivera-t4z
      @SarahOlivera-t4z 3 месяца назад

      @@FolarinSodiq This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.

    • @FolarinSodiq
      @FolarinSodiq 3 месяца назад

      @@SarahOlivera-t4z My CFA ’ is “Victoria Carmen Santaella”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @SarahOlivera-t4z
      @SarahOlivera-t4z 3 месяца назад

      @@FolarinSodiq I will give this a look, thanks a bunch for sharing.

  • @sherryyarger3753
    @sherryyarger3753 4 года назад +25

    Everytime we get those tiny increases, they lower the food stamp benefit! It does absolutely nothing to help with inflation!

    • @denisehawkins7688
      @denisehawkins7688 4 года назад

      Exactly

    • @TobyFloof
      @TobyFloof 4 года назад

      People with ssdi get like a thousand dollars or more a month!!! And they can save their money!!! How are people on ssi supposed to live?!?!!?!?!?!?!!?!????!!!

    • @Donnie7612
      @Donnie7612 4 года назад

      Thank You Sherry for that comment' You just proved my point' God Bless you sweetie ✝✝✝

  • @randyallen7688
    @randyallen7688 4 года назад +5

    The price of everything including food has increased far more then what they say. Food has risen 50% in 5 years. Our checks sure hasen't.

  • @cherylwulfers9796
    @cherylwulfers9796 4 года назад +6

    LLast time the cola was6% and Medicare took it all back plus a little more. Why bother?

  • @sadie4me2
    @sadie4me2 5 лет назад +23

    1.6 % increase! Slap in the face! They can keep the 16.00 annual increase and shove it!

    • @jimtruscott5670
      @jimtruscott5670 4 года назад +3

      Janet Gagnon So send your entire check back to the government.

    • @tribulationprepper787
      @tribulationprepper787 4 года назад +5

      @@jimtruscott5670 Why in the world would Janet want to send her entire check back. She is just saying that the 1.6% increase doesn't even begin to cover the actual rise in the cost of living. Your comment is ignorant. It makes you sound like a Troll. Are you?

    • @Andreas4696
      @Andreas4696 3 года назад

      @@tribulationprepper787 The government can barely afford social security payments as it is. Social security already gobbles up almost as much as the entire discretionary budget, which includes everything from military to education, training, employment, social services, transportation, veterans' benefits and services, income security, health, administration of justice, international affairs, natural resources, the environment, science, space and technology. The government spends almost as much on social security as it spends in ALL areas. That doesn't even mention medicare and medicaid, which cost nearly as much.
      Programs for the elderly almost gobble up the entire federal budget, and boomers are mad that they get 1,6% instead of 2%. They need to grow up and take some responsibility!

    • @tribulationprepper787
      @tribulationprepper787 3 года назад

      @@Andreas4696 You forgot to mention the wasted billions in annual political "Pork Spending".
      It is not the Boomer's fault that the congress misspent the social security payroll deductions that these old folks were forced to contribute for decades.

  • @isaiahlewis1522
    @isaiahlewis1522 4 года назад +2

    THE prices on everything has risen but the retirement income HASN'T covid19 issue is really making it harder for SSI SSDI SSA recipients in the country they worked together to build for England ?????

  • @paulajohnson2748
    @paulajohnson2748 4 года назад +1

    When we have extras money on social security benefits this year? I haven't seen stimulus payments yet on social security yet!

  • @lorihamlin3604
    @lorihamlin3604 4 года назад +3

    My increase was $1.00. Increase in Medicare ate up rest of the 1.6%. I heard Trump say last night he might consider SS and Medicare cuts to cover budget deficit. Tax reform and military responsible for deficit?

  • @cathydavis772
    @cathydavis772 4 года назад +1

    Just BE THANKFUL FOR ANY AMOUNT GOD BLESS FOR THIS INFO

  • @darrylsmith3102
    @darrylsmith3102 4 года назад +8

    $23 Bucks???, Are you serious???

  • @cierakitty
    @cierakitty 4 года назад +11

    How come when we get a raise....your medical insurance goes up....and they get it ??

    • @mcse-nv2ou
      @mcse-nv2ou 4 года назад +1

      scam

    • @sandragiles3187
      @sandragiles3187 4 года назад +1

      Ya I lost15 dollars that I was getti g be for the raise

  • @patriciafallon1968
    @patriciafallon1968 4 года назад +6

    This is Patricia Fallon. I have not get my stimulus money yet

  • @tribulationprepper787
    @tribulationprepper787 4 года назад +21

    THIS VIDEO IS OUT OF DATE AND NEEDS TO BE DELETED.

  • @Guitar11player
    @Guitar11player 4 года назад +4

    SSI needs to be raised to a level that stops suffering. From $783. a month to at least $1,283. a month so 8 million people wont have to be looking for cans and scrap metal, selling junk at the flea markets to buy a few extra necessities, and doing without heat and air and never getting to drive out of their home town, move out of their rotting trailer or slum government housing and maybe get to eat out twice a month and be able to buy clothes and an old used car? Buying insurance is a luxury as you have to wait until something horrendous is happening to you to finally go to the ER to see a doctor. Whats wrong with this as these people were disabled thru accidents, war, or sickness and they paid taxes up until the time they were disabled?

    • @joebaz1194
      @joebaz1194 4 года назад

      Venezuela locked in America

    • @chuparmelapolla1
      @chuparmelapolla1 4 года назад +1

      thomas why? That would screw over the people on medicaid, they will be dropped

  • @foolishcoyote.
    @foolishcoyote. 4 года назад +2

    whatever happened to the $200 more per month Sens. Elizabeth Warren, and Chuck Schumer proposed? is that off the table? i cant find any new info on that subject.

  • @unknownwolf4046
    @unknownwolf4046 4 года назад +9

    Im on soical Sercutiy income. Im unable to work due to my medical records

  • @carolbrann869
    @carolbrann869 5 лет назад +6

    Wow 1.6 really ? We need more than that...Everything goes up , cost of living, rent , food, Medicare cost... etc.

    • @kaydensfate21
      @kaydensfate21 4 года назад

      this is why i moved to a foreign country

  • @dianesullivan5521
    @dianesullivan5521 4 года назад +3

    BIG DEAL! Some raise! SMH

  • @newsworthy2064
    @newsworthy2064 4 года назад +1

    Why not help us who try to live on less than $800.a month?

    • @myname856
      @myname856 4 года назад

      Exactly giving undeserved ppl SUPER unemployment and ppp loan scam? Why not help the poor with a little boost?. They act like those ppl are totally irrelevant. Smh

  • @Helloder-v1z
    @Helloder-v1z 4 года назад +20

    If trump does not give social security recipients the stimulous checks he can forget about votes from us

    • @Scoutsquad45
      @Scoutsquad45 4 года назад +4

      Carolyn - the 2009 administration gave us one-time 250$ checks, but this 2020 administration doesn't look like their going to help the poor sadly

    • @naughtyvalues
      @naughtyvalues 4 года назад +4

      carolyn allen Trump wants to end Social Security, he’s stated he will end social security in his next term

    • @annettehurst3190
      @annettehurst3190 4 года назад

      This is all bs trump 2020

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад

      Look I hate Trump as much as the next person but as long as you are getting SS and are not a dependent on someone else’s return you will get the $1200. And if you are a dependent who is on disability you will get $500.

    • @thisblackgirloverhere9013
      @thisblackgirloverhere9013 4 года назад

      Marjorie campbell As long as the dependent is under 17 years old. If older, they don’t get anything.

  • @sandyknight1293
    @sandyknight1293 4 года назад +1

    Yeah n when u get an increase if on food stamps they deduct dollar for dollar n ins raises so what good does it do,,?

  • @thebiggeek8057
    @thebiggeek8057 4 года назад +2

    Just got letter that my ssd was terminated yesterday. That's 1200 a month my family won't be getting. Thanks SSA.

  • @ShlisaShell
    @ShlisaShell 4 года назад +3

    0:43 Really? Are you trying to say that we will get to go shopping now with a cool umbrella? lmao

  • @annem.parent8580
    @annem.parent8580 4 года назад +2

    WOWEE!!! REALLY What the heck is $21 gonna do seriously!!!! Especially when my rent went from $755 to $900?? And that was the cheapest rent in the city I live in out of 400 apartment complexes. That so called raise is a joke!!!

    • @annem.parent8580
      @annem.parent8580 4 года назад

      @Jacqueline R Don't worry a hair on you head. I am not voting for Trump a false prophet. You see in the bible it talks about how to discern who they are. Trump does this today. He has a high self esteem. That shows how he is following the devil. People who serve the public and not for self interest are the ones that should be leaders of many. Jesus will go after his lost flock even if it means that he puts down his life for that one sheep. I am watching the scriptures as we speak. Trump is stating how he is the one people should choose as their leader, yet don't care about those followers that promote his rhetoric. Trump is a sheep in wolves clothing leading them to the slaughter itself. They worship him but won't have eternal life. But thee that endures truth to the end shall be saved. Christ never lied. Christ will not tie Trump to his waste. He is a corrupt and evil man. Learn the difference please before it is too late.

    • @annem.parent8580
      @annem.parent8580 4 года назад

      @Jacqueline R Vote Biden!!!

  • @jeaniedelgado687
    @jeaniedelgado687 4 года назад +2

    Many people only get under a $1,000 monthly?

  • @crisgildagarcia993
    @crisgildagarcia993 4 года назад +1

    Then Part B of medicare is up, same thing

  • @carolereeves9333
    @carolereeves9333 4 года назад +2

    All that in increase is going to do is screw us up on liheap and ccap for our utility bill.

  • @garyclephane9623
    @garyclephane9623 4 года назад +2

    Thanks for telling the greedy what we will receive that way they will know what there cut will be ahead of time .

  • @sadie4me2
    @sadie4me2 4 года назад +2

    Let’s not forget this...... The standard monthly premium will be $144.60 for 2020, which is $9.10 more than the $135.50 in 2019. The annual deductible for Part B will rise to $198, up $13 from $185 this year. About 7% of beneficiaries will pay extra from income-related adjustment amounts.Nov 11, 2019

    • @jondoes8222
      @jondoes8222 4 года назад +3

      crooks thay all are crooks...If you get a ssi raise , they will raise the medicare premium very high Is all a big scam...

  • @pepper8892
    @pepper8892 4 года назад +2

    WoW! You mean a entire 20 dollars. WoW! So sad....

  • @TobyFloof
    @TobyFloof 4 года назад +1

    Very small boost:(

  • @craigstires5396
    @craigstires5396 4 года назад +2

    Isn’t it about time we took care of the people that worked all there life and paid in to ss. Quite wasting our money on trying to impeach our president an spend your time trying to figure out how to pay the people that made America great to begin eating with .

  • @janiznick
    @janiznick 4 года назад +4

    It's all going to shut down now

  • @remytheroute6503
    @remytheroute6503 4 года назад +2

    Senior citizen that have payed into ssi all their live,shouldn't have to eat dog food or be homeless.Because of congress greed.

  • @alissajudy6435
    @alissajudy6435 4 года назад +1

    What about folks that only receive SSI benefit but no other income I've never had to fill out tax papers I don't work or have other money coming in

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад

      Alissa Judy you will get the stimulus. They said you will not have to file taxes. They have your info in the system already.

    • @alissajudy6435
      @alissajudy6435 4 года назад

      @@marjoriecampbell7766 I get my SSI money on my direct express card though

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад +1

      Alissa Judy not sure then. If it were me I would call my senator. I called mine and that’s who told me that disabled adult dependents do get the $500 like children. Your senators are there to help you. I will see if I can find the number again. You just call it and tell them your zip code and they will transfer you.

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад

      Alissa Judy Senate.
      Local Offices: Capitol Visitor Center.
      Phone Number: 1-202-224-3121.

    • @alissajudy6435
      @alissajudy6435 4 года назад +1

      @@marjoriecampbell7766 they have to put it on my card.its too late to open bank account. Treasury dept knows how people on SSI SSA SSDI SSD get thier money most don't do paper now either bank account or direct express card.my lawyer that got me on it yrs ago said it will go on the card and when you change your address not only social security but treasure dept .gets a copy of updated info along with Texas office and Oklahoma City office.so I'm keeping my fingers crossed but if I don't get it I'll still have my SSI money

  • @michaelmurratti4687
    @michaelmurratti4687 4 года назад +1

    Big F**KIN Deal!

  • @keithfreeman5204
    @keithfreeman5204 4 года назад

    I am a Vietnam Veteran, 6 years in the U.S. Navy, I am 68, I only get 635.00 from SSI, not enough to live on so I worked a part time job until the company was shut down due the CV-19. Still not enough. What's wrong with this picture? I've applied for UA, three weeks till I receive anything. I applied to the SBA for the EIDI grant, if it comes, maybe 3 or 4 weeks. I have ran out of money, gasoline and getting low on food. I NEED THE MONEY NOW!
    In a month I just might be dead.

  • @tjforgey7854
    @tjforgey7854 4 года назад +6

    Just means Medicare is going up

  • @LoisStCyr
    @LoisStCyr 4 года назад

    You called this a boost . This is a bump !

  • @etheljanefontenot2970
    @etheljanefontenot2970 4 года назад

    What a raise...medicare will increase by that amt. or more. Some os lose money each time there is a raise.

  • @leroyray6732
    @leroyray6732 4 года назад +1

    1.6% ain't nothing to sneeze at,when your insurance take's it right back this little raise and the stimulus check is only wanting you to vote Republican senior's take the money and run.

  • @eddylake1331
    @eddylake1331 4 года назад

    The commonwealth of virginia lawmakers are good and honest people by limiting how many times you could be governor so you can not abuse the office
    I am proud to be a virginian
    I am willing to lay my life for the
    Commonwealth common good

  • @dianetaillon9875
    @dianetaillon9875 4 года назад

    Don't you think this news is a just a little late

  • @cathymcclardy1290
    @cathymcclardy1290 4 года назад

    Is this for the ones on ssi

  • @puravida5683
    @puravida5683 4 года назад

    If only they would use the real inflation numbers! Whatever we get, they will use the new Chained CPI, which is even lower than current inflation! Don't forget to vote, for the republican and democrat candidates who are stealing money from your pockets.

  • @judyjohnson6824
    @judyjohnson6824 4 года назад +2

    When does the increase come

  • @Jesse_Jessie_James
    @Jesse_Jessie_James 4 года назад

    Those who get SSI won't get a stemlis check. Cause they are going to get there annual income each month on the 1st and the 3rd. And they don't have to worry about losing there jobs and having to move out of apartments. We had to move out and with my wife's parents. Cause both me and my wife lost our jobs due to the virus going on. Our landlord smiled big when they heard we was let go. We can't get unemployment benefits cause we was let go. So it's me and my wife and 5 kids with her parents in a 2 bedroom small house. My in laws neighbors called Child Services cause 5 kids in a 2 bedroom small house with 4 adults. Child Services wanted to take the kid's. I waited when the neighbor stepped outside. I showed him what happens when u call child services on us and lie. The neighbor called Child Services and stated he lied and said why he did. The Child Services agency called police who arrested him. Both neighbors are jealous that we have kids and there's was taking away. They got kicked out of the Apartment House they was renting. We will be happy when this mess is all over. Those who are getting the stimulus checks are those who was fired from there jobs due to there company shutting down.

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад

      Jesse James that’s absolutely false. I got this information directly from Senator Rob Portman’s office. People on SS and SSI WILL get the stimulus. It is NOT just for people who lost jobs. How on earth would the government track something like that? And even adult dependents who are on SS disability will get $500.

  • @judithlavenski7580
    @judithlavenski7580 4 года назад

    If we're on so security will we get a simmers check coming soon Hope someone can not

  • @carolbaker6182
    @carolbaker6182 4 года назад +1

    Will we have to pay back these stimulus checks next year at tax time. I saw on RUclips that what the government doesn’t tell you is that at tax time the first 1200.00 goes back to the government. Is this true?

  • @takeover330
    @takeover330 4 года назад

    stimulus checks do u still get it if u owe child support I owe 3720 and iam on social security Disability

    • @marjoriecampbell7766
      @marjoriecampbell7766 4 года назад

      Take Over I heard they will not take back taxes out of your stimulus but they WILL take child support that is owed.

    • @takeover330
      @takeover330 4 года назад

      Marjorie campbell so that mean I won’t get nunin

  • @ShlisaShell
    @ShlisaShell 4 года назад +6

    LOL That damn inspirational music again that's a little overboard. It goes up ever year. I get that it's a little more this time. But watch out, you could be the next to get canned with the new laws in affect.

  • @robertwalsh8704
    @robertwalsh8704 4 года назад +1

    Little on.the slow side, ain't ya!! Wake up its April.This already happened

  • @olddave4833
    @olddave4833 4 года назад +2

    give the people on SS another dollar fifty a year and give the people overseas ten thousand dollars and the illegals fifteen thousand dollars, that's the American politicians way...

  • @genehess4801
    @genehess4801 4 года назад

    SS gives a dollar and comes back get $1o.oo dollars.

  • @EnchantedSmellyWolf
    @EnchantedSmellyWolf 4 года назад

    Could not would.

  • @janicedelorenzo4924
    @janicedelorenzo4924 4 года назад

    People are so ungrateful for little things.

  • @howardyoungblood9133
    @howardyoungblood9133 4 года назад +1

    I love 💘 👄 talking two 2 people love 💘 you already Howard Youngblood

  • @dJ.kNiGhT23
    @dJ.kNiGhT23 4 года назад

    Can anyone please help me with my question nobody on RUclips wants to help they are bogus if I don't do taxes each year and I don't get a check payment at my work and my boss pays me cash can I claim a check I truly need the money I do have a social security I am born in the USA I need the money at this time cause where I work still isn't open smh I hope someone can help thanks 🙏

  • @Jr2728
    @Jr2728 5 лет назад +2

    Rise taxes?

  • @jondoes8222
    @jondoes8222 4 года назад +1

    sales pitch not true this is a bunch of bull molochy

  • @wadepowers159
    @wadepowers159 4 года назад

    They won’t take part of it and sulbmentb take the rest

  • @judithlavenski7580
    @judithlavenski7580 4 года назад

    Hope I get a chat soon open working everyday after the jump damage happened and I am proud to work I love to work it's in foreign to produce a to thank you for Sharon the updates on the similes checksis checks I haven't received one yet

  • @bunhthachau3587
    @bunhthachau3587 5 лет назад +1

    Hello

  • @jeanettayoung6498
    @jeanettayoung6498 4 года назад

    Wow
    What will we do with all that money.you people are a joke do you really think that that increase makes a big difference for us
    Do you people realize that most americans income is only social security

  • @manueljesuspunincujipuninc4740
    @manueljesuspunincujipuninc4740 3 года назад

    Google.Manuel Jesús Punin Cuji

  • @bettyowens3066
    @bettyowens3066 5 лет назад +1

    Same why she did her other men's and marriage only now she got money to throw out the window and doors party party holly woods riches women that fail to capture harry Archie the bonus on the 🎂 cake

  • @shericampbell6785
    @shericampbell6785 4 года назад

    H