Is Social Security Financial Prosperity Helping or Hurting its Recipients

WASHINGTON - Rezul -- Liam Westra, British News Sole Corp, BNSC News Group LLC

"And in the end it's not the years in your life that count. It's life in your years." —Abraham Lincoln

As most people are retiring it has been known that financial demands are tuff as elderly age increases in years. But the experiences as testimonials tell how medical bills for services rendered has increased as the United States government shutdown struggled to resolve the issues of Affordable Care Act iH.R. 3590, as conflicts amongst Congress began to severely affect the American people, and society became aware that Americans' livelihood depends on the benefits from a prosperous well structured government.

On November 13th the United States shutdown ended, but the financial dilemmas of the American disabled, and elderly got worse. According to recent press releases for example Medora Lee of USA Today online news source reported that the cost of living adjustment for Social Security beneficiaries will be 2.8 percent, but the new increase in Medicare part B premium will be $17.90; that is a raise from a minimum of $185 to $202.90. Some may say an increase for less than $20 should not be an issue, but the average social security payment is Around $1,864.87 per month for the month of August 2025, but the average housing rental cost is $1,750 according to Zillow, a housing company. So the average social security beneficiaries will still be struggling, but worse as the year of 2025 ends.

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It has been known by practice, and financial documentation that Medicare, and Social Security funds are collected from income earned, and so why is there a premium after being approved for benefits? The funds are collected for 67 working years, and then afterwards a premium is calculated. Is that considered double dipping as most people say figuratively speaking?

The social security program has established a need, but most say it hurts them as it constantly increases in fees while financial benefits are stagnant.

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