Social Security: Cost of Living Adjustments
by Phillip DeNise
COLA's are good, right?
I got my first adjustment in JAN, when my $920/mo soared to $936 (that's 1.7% rounded down).
But in FEB, there will be a substantial reduction in my income. I'm turning 65, and must now purchase my Medicare coverage.
I've been living in a local Motel for about two years, but was reluctant to provide SSA with my address here, as I had never considered it a permanent address.
Glad I paid the Administration a visit now, as they had already sent me my Medicare Card to an address back in Arizona (I hope nobody is using it there!).
There's a lot more to THIS story, but I'm still 'writing' it.