DK Firearms

Social Security COLA

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  • CptnRn

    Member
    Rating - 0%
    0   0   0
    Dec 26, 2011
    53
    11
    Wyoming
    My SS check went up $23. That is after a $7 Medicare Ins. increase and an $8.5 withholding tax increase. Not sure why the withholding increased so much.
     

    jbgramps

    Active Member
    Rating - 0%
    0   0   0
    Feb 20, 2011
    285
    11
    Austin
    My wife and I both ended up with about a $3 gain after all was said and done. It'll go toward my increased property taxes. I really hate living in Austin. I think it has the highest property taxes in the state. But the wife won't move. Says she likes our neighbors. :rolleyes:
     

    AustinN4

    TGT Addict
    Rating - 100%
    9   0   0
    Nov 27, 2013
    9,853
    96
    Austin
    My SS check went up $23. That is after a $7 Medicare Ins. increase and an $8.5 withholding tax increase. Not sure why the withholding increased so much.
    Withholding? What withholding? You must be special. Nothing is taken out of my SS except the insurance premiums.
     

    karlac

    Lately too damn busy to have Gone fishin' ...
    TGT Supporter
    Lifetime Member
    Rating - 0%
    0   0   0
    Aug 21, 2013
    11,852
    96
    Houston & Hot Springs
    Withholding? What withholding? You must be special. Nothing is taken out of my SS except the insurance premiums.

    Folks who are still working, and will end up paying income tax on SS income, can have taxes withheld from their monthly benefit check.

    ETA: Just filed 2017's Joint Return -- 85% of our SS income was taxed last year. No fear, they'll always figure a way to screw you ...
     
    Last edited:
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