Ask Rusty – Why Did My Social Security Payment Go Down?
Dear Rusty: Upon reading a magazine article about the 2020 COLA increase, I thought I’d share the following: Like others, I received the 1.6% raise in my Social Security benefit. However, after their manipulations with Medicare, the net result was a reduction of $124 in my Social Security payment. I can’t afford their “raise.” I now pay double for Medicare! Signed: Disgusted...