For hevvinsake! You’ll recall how I was whining about my penurious income, part of which is a piddling $1,080 Social Security benefit? Well, Lady Karma must have read that blog post.
In this afternoon’s mail, along comes a missal from the Social Security Administration. I cringe when I see yet another summons from the Feds: it usually means another frustrating ride on the bureaucratic merry-go-round. But not always…
Periodically we reexamine our records to see if there are any additional benefits due. As a result of this examination, your monthly benefit amount has been increased to give credit for months of entitlement before you reached full retirement age, 66, for which monthly benefits were not payable. You also have been given credit for additional earnings which were not included in your previous computation.
To coin a term, huh??
You will receive a payment on or about May 9, 2012 for $1317.50. This payment includes both your new regular monthly benefit and benefits due from May 2011, the date of the earliest increase described above, through April 2012.
Seriously? You mean I could buy a pair of shoes? Dang!
After that, you will receive your monthly payment of $1,115.20.
Hot damn! They’re giving me a $35/month raise!
Hey. Every little bit counts. It’s better than a $35 cut. Thirty-five bucks will buy a meal out. It will pay the increase in the Cox bill for about a year. It will cover the increase in the amount I’ll have to self-escrow to cover the newly bloated homeowner’s insurance premium. Too, too excellent.