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Cpl Vic Burk
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2.5% COLA. That's a laugh. Inflation at the grocery store is much higher than that.
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SPC Jeff Daley, PhD
SPC Jeff Daley, PhD
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While we get COLA relief, if you are on Medicare, your rates go up each year as you age, so the 2.5% is lower when we calculate your net disposable income after the Medicare increase. In addition, for retirees with significant tax-deferred savings, the onset of RMDs at age 73 can spike taxable income, potentially leading to higher Medicare premiums due to IRMAA.

It's good to know we have billions in spare change to benefit other countries and the illegals crossing the border. [Snarky]

Cpl Vic Burk
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