2010 Cost of Living Adjustments COLA Table increase for Social Security Federal Retirees Limits Rates

Submitted by vinny on Mon, 10/19/2009 - 17:37.
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If you were expecting a increase in 2010 COLA (Cost of Living Adjustments) for your retirement plan, you might be disappointed to know that the COLA rates remain unchanged from 2009 except the following changes:

  1. The modified adjusted gross income limits for determining the deductible amount of traditional IRA contributions for single and head of household filers who are active participants in a plan, and for married taxpayers filing jointly who aren’t active participants in a plan but whose spouses are
  2. The modified adjusted gross income for Roth IRA purposes for determining the maximum Roth IRA contributions for taxpayers whose filing status is married filing jointly or qualifying widow(er); and
  3. The adjusted gross income limits for taxpayers who qualify for the 50% savers credit.
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Social Security Federal Employee Cost of Living Adjustment 2010 Tables
Submitted by Anonymous on Fri, 11/20/2009 - 05:22.
are we or are we not getting an increase,our government rips us off of our taxes,our severance from being in the service for 12 yrs and has the nerve to take it back from my disability,and everybody else gets bailed out and we still get screwed.
Submitted by Anonymous on Wed, 11/11/2009 - 17:33.
I went to work for the government in 1968 and retired in 2000. Anyone who thinks the current administration isn't being fair on salaries, annuities, COLAs, etc. should have tried previous administrations (Johnson, Nixon,Ford, Carter, Reagan, Bush I or Clinton). In my opinion all past administrations have tried to balance their budgets on the back of federal employees and annuitants. I expect Bush II did the same as will President Obama and, I expect, future presidents. Just part of life!
Submitted by Anonymous on Tue, 11/03/2009 - 01:41.
Remember to vote against all those in office this year. They seem to find money to bail out wall street,, but can not take care of civil service retiree's or those on social security. Our health cost are going up over 12% next year with no cost of living raise. President Obama could have remembered his campain promises and taken care of us little people on fixed incomes instead of bailing out those that got in trouble by greed and waisting money. Who can we get to represent the people.............Those on fixed incomes.......Instead they give more bailout money or send it overseas to some other country to help them.
Submitted by Anonymous on Sat, 11/14/2009 - 03:58.
AMEN. But you obviously forgot about the most important of all, the Veteran. Civil servants are an important part of our system but don't compare to our VETS who are getting nothing this year.
Submitted by Anonymous on Sun, 11/01/2009 - 15:19.
Understand why there is no COLA for CSRS or SS in 2010. Inflation technically is negative. Yet, my FEHB premium will increase 12 percent! Some copays will go up, also. We need health insurance reform now. Those who think the present system is fine are living on another planet or work at insurance companies (same thing).
Submitted by Anonymous on Fri, 10/30/2009 - 16:35.
any cost of living pay increase in 2010 for federal retirees
Submitted by Anonymous on Fri, 10/30/2009 - 16:29.
why is there no cost of living increase 2010 compared to 2009 for federal government employees? can we protest against this move?
Submitted by vinny on Thu, 10/29/2009 - 07:38.
According to latest IRS bulletin, The maximum taxable earnings subject to Social Security withholding will remain $106,800 for 2010.
Submitted by Godmode on Wed, 10/28/2009 - 18:53.
No change in COLA Rates from 2009 to 2010 is gonna make the retirement life even more difficult. look at all the recession around us.
Submitted by Anonymous on Wed, 10/28/2009 - 12:40.
Really disappointing decision by government. We retired civil servants were expecting a raise in civil service retirement cola 2010.
Submitted by Anonymous on Wed, 10/28/2009 - 12:37.
does anyone have the new military pay chart 2009 2010
Submitted by Anonymous on Tue, 10/27/2009 - 15:56.
2010 military retiree cola really disappointed me. i was expecting a pay raise for military retiree atleast.
Submitted by Anonymous on Sun, 11/01/2009 - 21:00.
Obama took office on 20 Jan 09, how could your issue in any way be attributed to him. Maybe you should have payed attention more before you decided to jump out.
Submitted by Anonymous on Sun, 10/25/2009 - 20:23.
If no COLA raise for 2010 is hard for you it is a double whammy for me. I retired from active duty on 1 Jan 09. My last active duty day should have been 15 Dec 08 which would have made me eligeable for the 5.9% raise for 09. Unfortunately the government has a regulation that states no one can retire from active duty during the month only on the first day of the month after their last active duty day. This may not sound like that big of a deal but for me I receive military retirement and VA disability pay which resulted in a loss of additional monthly pay of $170.50. Calculate this over 12 months and over the overage male life expectancy in my family (44 more years) and I lost $90,000 of lifetime retirement pay. If you take the average of 3% loss for 2010 raise and calculate it out you get another $47,500 loss in retirement fund. GET THE IDEA???. The govenment always wants the people to bare the brunt of their mistakes and the retirees, SSN, and VA consumers are doing it once again. God Bless Obama's USA.
Submitted by Anonymous on Tue, 10/27/2009 - 14:36.
To blame Obama for this is a combination of all the above. Sorry to say you are filling both squares!!!!
Submitted by Anonymous on Sun, 10/25/2009 - 19:52.
I clearly understand that this country is in financial trouble but if you ask most economist they will say a country in some debt is healthy. We accept COLA raises when the cost are high you would think that we could graciously accept no raise when the economy is in trouble. The only problem I have is the fact that the economist have been wrong all year when it comes to the economy turning around whose to say that they will inprove on their prediction performance with the consumer price index reductions predictions. I don't believe they will hit the mark this time either. I am on a fixed income and since this spring when it was announced that there would be no COLA increase the price of gasoline has gone up in my area over a dollar a gallon. Food prices have not come down and my home gas and electric budgets are higher for the next year than they were for this year. I ask, where is the reduction in cost? I do not see it and I don't think we will see it? We as the consumer, now bare the brunt of all the bailouts that the government has given with the hopes that we will spend enough to pull us out of the recession. If President Obama wants this to happen I am sure he can find millions of better ways to save hundreds of billions of dollars without sabotaging his first plan, relying on the consumer. Our leaders need to think in long term layers and weigh each layer against the success of the previous layer or we are just tossing money in the fire and continuing on the wrong path that the previous president set us on.
Submitted by Anonymous on Sat, 10/24/2009 - 10:39.
My income as a csrs retire has gone down significantly in 2010 with interest rates hovering now around 1%. I lost a significant amount of money in the stock market mainly because of the U.S. Goverment changing the rules in midstream and causing preferred stocks to drop on average 80%. Then the U.S. Government bailed out their mismanaged FNMA and AIG to the tune of at least 800 billion and continue to throw hundreds of billions in a futile war effort in the guise of protecting U.S. security. I say bull. This Government has committed atrocities against the American people and now they want to save a mere pittance of 13-30 billion dollars off the backs of those who justifiably earned their due cola's as workers both under the social security system and the CSRS. My costs this year and next will and have risen overall 25-35%. The Govenrnments way of calculating cost of living is in the dark ages. Wake up Obama.No Cola's for both social secirity and xsrs retiree's will probaly spell the end of your political career and at least make you a 1 term President.
Submitted by Anonymous on Thu, 10/22/2009 - 17:38.
I do not know how it was calculated that the cost of living went down this year. My utilities have been increased three time this year. A YTD increase of over 35%. My property tax has gone up. My community Maintenance fee has increased. Groceries have gone up. Water has gone up. Medicare gap and RX insurance costs have increased over 10%. Where did the costs reduce? Nothing went down except my income. I lost in the market and my monthly income decreased by 30% as I no longer have the income from the money I lost and social security will not go up. With the economy the way it is and the lack of regulation of the investment industry, I for one am not comfortable ever going back into the stock or bond market Fund managers, Wall Street, brokers, bankers and politicians just keep getting richer. I think that the hardship that those of us living on fixed incomes are enduring during this severe downturn have been totally ignored.

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