Talk of The Villages Florida - View Single Post - C O L up 2.5%
Thread: C O L up 2.5%
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Old 10-10-2024, 08:24 PM
Aces4 Aces4 is offline
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Quote:
Originally Posted by Bill14564 View Post
Isn't it odd to call it a "fixed income" in a thread about that "fixed" income receiving an increase next year?
Not at all odd, the extra tidbit isn't close to covering all the price increases. The SS incomes are fixed to income numbers prior to the retirement date. If one has been retired 20-30 years, there is a large gap between older seniors and new retirees wage basis for SS. The small fluff added to low SS income doesn't cover squat.