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Social Security Announces Major 2019 Changes – Millions Over 60 Affected

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There are major changes coming to Social Security in 2019 and millions of Americans over the age of 60 will be affected by them. A cost of living adjustment for the coming year has captivated the attention of America’s baby boomers.

Social Security is primarily what most retirees, disabled individuals, and others subsist on. More than 62 million Americans receive a monthly check now, so even a small raise means the world to them – especially if inflation bites. The Motley Fool reports:

October has been an incredibly pivotal month for Social Security beneficiaries. Considering 62% of all retired workers are reliant on their benefit to account for at least half of their monthly income, there was no more important event than the release of September’s inflation data from the Bureau of Labor Statistics (BLS) on Oct. 11. This data point was the last piece of the puzzle needed for the Social Security Administration (SSA) to determine the 2019 cost-of-living adjustment, or COLA.

Social Security’s COLA, or more simply the “raise” that’ll be passed along in January to the more than 62 million people currently receiving a monthly benefit check, only takes into account readings from the Consumer Price Index for Urban Wage Earners and Clerical Workers during the third quarter (July through September). The average reading from the third quarter of the previous year serves as the baseline number, while the average reading from the current year is the comparison. If prices rise year over year, then beneficiaries receive the difference, expressed as a percentage and rounded to the nearest 0.1%.

What will a 2.8% COLA look like for the average Social Security recipient?

Following the BLS data release on Oct. 11, the SSA announced that Social Security’s COLA would be a healthy 2.8% in 2019. That represents the highest raise beneficiaries will receive since 2012. Notably, higher energy prices (e.g., gasoline and fuel oil), along with shelter inflation, were most responsible for pushing COLA higher.

But what does this mean for the average Social Security beneficiary? The SSA’s recent fact sheet that highlights all of the upcoming changes for 2019 offers insight on what a 2.8% COLA might look like for a variety of recipients come January. Please keep in mind that these are estimated average benefits from the SSA, and thus could change a bit by the time January rolls around.

  • Retired workers: Before receiving a 2.8% COLA, the average retired worker is expected to bring home $1,422 a month. But after their “raise,” the average retiree should be netting $1,461 a month, or an extra $468 per year.
  • Aged couple, both receiving benefits: At the moment, the average aged couple where both retirees are receiving benefits brings home $2,381 a month. After a 2.8% COLA, this figure is expected to increase to $2,448 monthly. That’s $804 extra a year for the average aged couple as of January 2019.
  • Disabled workers: We often forget that while Social Security is geared to protect seniors during retirement, it also provides benefits to around 10 million disabled workers and their families. With the average disabled worker taking home $1,200 a month, the 2.8% COLA will add $34 monthly, or $408 annually, to boost this payout to $1,234 per month.
  • Aged widow(er), alone: Similarly, we forget that nearly 6 million people, most of them aged beneficiaries, may also receive survivor benefits once their spouse passes away. For seniors whose partner has passed, the average Social Security benefit is expected to increase by $38 monthly ($456 annually) to $1,386 after the 2.8% COLA.

Averages are just that… averages

While it’s great that the average Social Security benefit appears to be rising nicely in 2019, it’s just as important to remember that averages are nothing more than that… averages. Your unique case will almost assuredly be different.

For example, not everyone is going to benefit from the biggest raise in seven years. Enrollees in both Social Security and Medicare were, for the early part of the decade, protected by the hold harmless provision. This clause prevents an aged beneficiary’s Medicare Part B premium from rising at a quicker pace than their Social Security COLA. Since Part B premiums are automatically deducted from a recipients’ monthly payout, benefits could actually drop year over year without this provision.

The issue is that once Part B premium inflation slowed, those folks who’d been protected with lower-than-standard-rate premiums now have to play catch-up. Though upper and middle-income beneficiaries are likely to see the full COLA in 2019, an estimated 5 million-plus lower-income aged beneficiaries will not, according to The Senior Citizens League. In fact, some may not see any real increase at all.

Beneficiaries should also understand that the single greatest impact you can have on your monthly payout, aside from your earnings history, is your claiming age. That’s because your payout grows by 8% for each year you hold off taking it, beginning at age 62 and ending at age 70.

If we examined two identical individuals (i.e., same earnings history, work history, and birth year), the one claiming at age 70 could earn 76% more per month than the one claiming at age 62. Then again, factors that include individual health, marital status, and financial well-being will certainly play a role in your claiming decision. Or, put differently, waiting isn’t always going to be your best option.

Long story short, Social Security’s 2.8% COLA is going to be a positive for more beneficiaries next year than the 2% COLA was in 2018. But the true impact will vary based on the unique situations of each beneficiary.

White House Guests KNEEL During National Anthem, Trump Makes Them Immediately Regret It

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The Marine Corp band in their bright red uniforms were on the south balcony of the White House on a bright, sunny Tuesday in Washington, DC. The Army Chorus sang, beginning the event with ‘America the Beautiful’ and concluded with ‘God Bless America’. At least two people who were guests at President Trump’s Celebration of America event yesterday knelt, showing exactly why so many Americans are ticked over the National Anthem controversy.

The event replaced a celebration at the White House in honor of the Super Bowl win for the Philadelphia Eagles. These two disrespectful idiots took a knee as the “Star Spangled Banner” rang out across the South Lawn of the White House. Simply disgraceful. These aren’t social justice warriors… these are unpatriotic jerks.

A video was posted to Twitter by a reporter for SVT, the Swedish national public TV broadcaster. It shows a man, wearing a light blue button down, kneeling as the National Anthem played, before clapping and ultimately coming to his feet after the song finished. I guess he thought that was his five minutes of fame or something.

What it really amounted to was making a fool out of himself internationally. President Trump showcases all of these liberal dimwits for what they are… America-hating, radical leftists who are far more interested in hating our brave police officers and our country than they are in respecting America and taking national pride in their country and President.

When President Trump took the podium, he blew his audience away with his love for our country, military, police, flag and the National Anthem. He made every single person who disrespects them like this look like the small, craven liberals that they really are. The man, who did not identify himself, left the event immediately after the United States Marine Band performed the anthem, according to a news anchor for TV2 Denmark. Gee, crawling away with his tail between his legs like the lowly cur he his. Guess he couldn’t stand patriotism after he showed how much he hates his own country.

There was a second man who was pictured kneeling as well. That was posted to Twitter by a CNN White House producer. He was wearing a light blue checkered shirt and had a little American flag. This guy was right up front. He was also apparently the same person who reportedly heckled Trump. That guy was roundly booed by everyone around him. CNN’s analyst April Ryan posted false news on Twitter yesterday claiming people were booing Trump when it was the heckler they went after. She eventually retracted what she said after her own colleagues called her out on the lie. “Stop hiding behind the armed services and the National Anthem,” the guy yelled to a chorus of boos, according to the Daily Mail. “Let’s hear it for the Eagles.” “Go home,” one person shouted at the heckler.

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The President didn’t engage the heckler, but looked in his direction and pursed his lips. He looked like he wanted to smack him. Right there with ya.

President Trump disinvited the Philadelphia Eagles to the White House after they at first said they had more than 70 players coming to the People’s House to celebrate. By this week, that number had dropped to less than ten and then to only one player. They kept trying to change the date to one where President Trump would be out of the country. I don’t blame the President in the least for canceling the visit. That was totally appropriate. If you insist on being ungrateful and insulting a sitting President of the United States, then you don’t deserve the honor of going to the White House period.

Trump claimed on Monday that the team disagreed “with their President because he insists that they proudly stand for the National Anthem, hand on heart, in honor of the great men and women of our military and the people of our country.” Eagles players denied that accusation, pointing out that no one on the team knelt for the anthem during last season. But that has nothing to do with how each individual on the team states his beliefs and shows his disrespect for President Trump.

White House Press Secretary Sarah Huckabee Sanders accused the team of a “political stunt” just minutes before Tuesday’s alternative event began, claiming the players had chosen to “abandon their fans.” That’s exactly what they did. “If this wasn’t a political stunt by the Eagles franchise then they wouldn’t have committed to attend the event and then backed out,” she said in her Tuesday press briefing. “And if it wasn’t a political stunt, they wouldn’t have attempted to reschedule the visit while the President was overseas.”

Trump was brief in his remarks and only spoke for about four minutes. He began by explaining why it’s an issue of patriotism for Americans to stand for the National Anthem. “We love our flag and stand for our National Anthem,” Trump said to great applause from the crowd on the South Lawn of the White House. “We stand to honor our military and to honor country and to honor the fallen heroes who never made it back home.” Yes, we do… and those that don’t can take a hike.

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Melania Unveils This Year’s White House Christmas Decorations That Libs Are SURE To Hate

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Melania Trump’s first year in office was marked by immense criticism of our incredible first lady, who in the eyes of the Trump family’s numerous detractors, Melania could do nothing right, or at least as well as her predecessor, Michelle Obama. This included her full Christmas decor plan, which was stunning in silver and white, and a beautiful modern take on the same tired style that Michelle un-creatively came up with.

This year’s decorations will likely be no different, if not worse.

Last year, liberals claimed she decked the halls in depression and gloom, likening it to looking more like a haunted house than a holiday home. So, what will they say about this year’s new look?

Chicks On The Right reports:

FLOTUS doesn’t just slay on the fashion front. Her decorating skills are off the charts. (Yes, yes– I know she didn’t do this by herself, but if you really believe she didn’t have a say, you’re nuuuuuuuuuuuuts.)

ANYWHO. She finally unveiled this year’s White House Christmas decorations, and they’re GORGEOUS.

You have no idea how much I want to stroll through those halls of beautifully decorated trees. Oh well. I’ll have to settle for the aisles of Hobby Lobby.

It all looks great. I’m obsessed. TY, that is all.

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