Social Security

Ask social security questions and get answers ASAP

Ask an Expert,
Get an Answer ASAP!

I thought that the increase in s s for next year would

Customer Question
I thought that the...

I thought that the increase in s s for next year would increase what I take hom. I got only a $2.00 increase the 25.00 went to the insurance. I don't think it was fair to say we got an increase and diod not.

Accountant's Assistant: The Retirement Accountant will know how to help. Is there anything else important you think the Retirement Accountant should know?

How do I get in touch with them

Submitted: 7 months ago.Category: Social Security
Show More
Show Less
Ask Your Own Social Security Question
Answered in 5 minutes by:
12/14/2017
Social Security Expert: Lane, JD,CFP, MBA, CRPS replied 7 months ago
Lane
Lane, JD,CFP, MBA, CRPS
Category: Social Security
Satisfied Customers: 14,678
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial, Social Security & Tax advice since 1986
Verified

I'm so sorry, but it's important to understand that Social security benefits and Medicare Part B premiums are two different things.

...

The benefit went up becasue, by law, it is tied to CPI (Consumer Price Index), the average cost at which goods and services went up.

...

The Medicare premium went up, at at rate that reflects the rising costs of health care.

...

To protect seniors living on fixed incomes, a “hold harmless” provision in federal law prohibits Medicare from raising Part B premiums if doing so would end up reducing an individual’s Social Security benefits.

...

But the rise in Medicare premiums can always erase (but never increase so much that your net benefit goes down) a COLA (Cost of Living Adjustment) in Social Security benefits.

...

If this has helped, and you DON’T have other questions … I'd appreciate a positive rating, using the stars on your screen, and then clicking “submit" – That’s the only way I’ll be credited for the work.

I hope you’ll rate me based on my accuracy and thoroughness (as opposed to any good news/bad news content). Thank you!

Ask Your Own Social Security Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a social security expertLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Lane Your Own Question
Lane
Lane
Lane, JD,CFP, MBA, CRPS
Category: Social Security
Satisfied Customers: 14,678
14,678 Satisfied Customers
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial, Social Security & Tax advice since 1986

Lane is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

dylatess

dylatess

ATTORNEY

3,467 satisfied customers

37 plus years of SSD practice

Megan C

Megan C

Certified Public Accountant (CPA)

4,582 satisfied customers

Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level

LawTalk

LawTalk

Attorney

3,071 satisfied customers

I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.

R. Klein, EA

R. Klein, EA

Accountant

334 satisfied customers

Tax & Social Security Benefits specialist

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

233 satisfied customers

Licensed in multiple jurisdictions, experienced business attorney.

AttorneyTom

AttorneyTom

Attorney

16 satisfied customers

Attorney

Stephanie O Joy, Esq

Stephanie O Joy, Esq

Soc. Sec. Attorney

3,283 satisfied customers

22+ years legal exp. - 12+ years owning/operating her own SSD Law practice.

< Previous | Next >

Related Social Security Questions
I was misinformed when I applied for social security One
I was misinformed when I applied for social security One year ago.for 6 months I was not receiving any benefits. That, in turn, screwed up Medicare and so on. Can I re coup those funds Thank you very … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
F. Tayon and everyone I know got a social security raise
My name is***** and everyone I know got a social security raise this year but me. As I understand it all were to get a 21/2 percent raise, maybe 31/2 anyway I didn't... … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor\u0027s Degree
3,094 satisfied customers
How is the amount deducted for medicare medical insurance
how is the amount deducted for medicare medical insurance -25.00 change from 2016 to 2017 … read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
271 satisfied customers
Received $35.00 raise in s.s. this year. Medicare went up
Second opinion] received $35.00 raise in s.s. this year. Medicare went up from 109.00 to $134.00 taking $25.00 of my SS raise.. is this legal...according to AARP there is a law preventing Medicare pre… read more
Lane
Lane
JD,CFP, MBA, CRPS
Doctoral Degree
14,678 satisfied customers
I didn't receive my cost of living increase this year. But
I didn't receive my cost of living increase this year. But they didn't raise my medicare payment either. Thanks for helping. … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
I did not get a wage or income statement for 2017. Can yo0u
I did not get a wage or income statement for 2017. Can yo0u tell me why? … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
My name is***** and I am collecting social security
Hello my name is***** and I am collecting social security disability and work mans comp...I was told my 2 children should be getting money a month from social secerity is that true?… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
I took widows benefit at age 60 then became disabled at age
I took widows benefit at age 60 then became disabled at age 63.SSA put me on my own work record. Not on a disabled widows. When I was FRA in 2008 I went for survivors benefits, was turned down. A reco… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
On 1/6/2016 I went on-line with my bank to make sure all
On 1/6/2016 I went on-line with my bank to make sure all automatic payments were made. I got a surprise when I saw that Humana had taken $132.40 instead of the $109.00 I have been charged each month f… read more
Shawn P Adamo
Shawn P Adamo
CEO
Bachelor's Degree
158 satisfied customers
My wife had to retire from her nursing position after her 4th
My wife had to retire from her nursing position after her 4th unsuccessful back surgery. After years on disability, she was informed she HAD to go on Medicare. She spoke with a representative from my … read more
Anne
Anne
Master Tax Preparer
2,345 satisfied customers
My wife pass a way 3 years ago and made much more money then
my wife pass a way 3 years ago and made much more money then I did . I went on disability in 1990. So just before my wife past, she went on ss and then long term insurance which ss took out of her ss … read more
dylatess
dylatess
ATTORNEY
JD
3,467 satisfied customers
Hi, I have OCD, bulimia, and depression. I applied for ssdi.
Hi, I have OCD, bulimia, and depression. I applied for ssdi. Problem is went I was a kid and teenager I was in therapy, but never took meds because was afraid too. I just lived with my problem. Got li… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
4,582 satisfied customers
Collecting SS while still working. If I earn over the allowed
Collecting SS while still working. If I earn over the allowed amount $15,450.00 SS reduces my benefit by $1.00 for every $2.00 I earn over that amount. My question is, when do the take that amount bac… read more
KUMI95
KUMI95
Attorney
Doctoral Degree
17 satisfied customers
What automatic government benefits do south carolina cc children
What automatic government benefits do south carolina cc children get when dss does permanent placement w/relatives but give no help… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
4,582 satisfied customers
Please tell me the letters i got were a mistake. It says that,
Please tell me the letters i got were a mistake. It says that, "it would be best for my kids checks be sent to another payee." I have kept receipts to verify what we spend the money on. I use this mon… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
4,582 satisfied customers
My Medicare went into affect in Oct. 2013 while I was still
My Medicare went into affect in Oct. 2013 while I was still under my soon to be ex-husband's insurance so I wasn't paying close attention for a number of reason including surgeries, depression ,lupus,… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
We know that they will not pay SSI and SSDI at the same time.
We know that they will not pay SSI and SSDI at the same time. The question was when he applied when he was 62 he told me that he applied for SSDI. Now what has happened since my first email to you he … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
Im arguing that SSA should be estopped from denying me Spousal
I'm arguing that SSA should be estopped from denying me Spousal Benefits (on wife's record) back to Jan "08 (my full retirement date) because of their falure (at that time) to provide me the necessary… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x