alt.social-security-disability

Isn't there a point at which inflation is too little to trigger a COLA?
I seem to remember that somewhere.... A few percent of what I get is a large
sum.

"Barbara Needham" wrote in message
news: %barbarajfn@ ...
> DrFeelgoodWA wrote:
>
>> wrote in message
>> news:10804-46EA5E07-449@storefull-3351.bay. ...
>> >
>> > Any Guesses?
>> >
>> > Group: Date: Thu, Sep 13, 2007,
>> > 6:50am
>> > (EDT-1) From: herb_r@ (Herb)
>> > I haven't posted in quite a while. Just wondering if anybody has a
>> > guess
>> > as to what the COLA increase will be this year. I know it usually is
>> > announced in October.
>> >
>> > What is a COLA?
>> > I am new to this stuff!!
>> >
>>
>> Cost of living allowance.
>>
>> Basically it's a raise so we only starve a little less due to
>> inflation and it takes effect with the January payment.
>
> For those of you [us] paying your own Medicare part B premium [that is
> you are not part of a Medicaid program that pays it for you] the COLA
> will be more than eaten up by the premium, probably will be around
> $ for 2008.