> Social Security Income? Increase or Decrease?

Social Security Income? Increase or Decrease?

Posted at: 2015-07-28 
My mother was recently laid off in March 2015, she was on retirement, which is part of her social security income, although does it increase each year? Or is it just what you earned from when you started working?

She is 66, will be 67 in October and live in California. I am so worried about her, if feel she needs to find a job soon for her income, I was almost in tears because I am so concern please give me advice, I did think she has enough till she is 90, this is what she told me.

Thank you

I dont understand why you are upset if your mother is getting Social Security. That is a retiremnent benefit you get when you turn 66. Ev ery year the Congress decides if there will be a cost of living increase. It is only a few dollars. Her Social Security benefit is based on her lifetime earnings and the taxes she paid. The amount never changes. Maybe she has some pension from her employer. Did you ask her?

She got libraries where she lives

Plenty of books on how to make money and new life for her self.

Your worries are wasting energy.

She can visit AARP.com for months of learning.

She can collect unemployment benefits.

She can spend hours in bookstore /library reading about new jobs/careers to do next 10 - 15 yrs.

U can actually talk with her so she can explain Her plans for next 20 - 25 yrs.

Social security only increases enough yrly for a Good Night out.

Talk to her, not waste time worrying.

Social Security is legislated by the Congress.

Currently the Average earnings of every year since the First SSA payment was made is averaged for the calculation of the SS monthly benefit.

Benefit payment continue until DEATH, there is no limit. And if we are lucky there might be a 1% increase each year.

http://www.ssa.gov/myaccount/ Have your mum sign up

if she only applied for social security at age 66, she is getting the max, ask the ss office for help now.

yes

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