New Mileage Rates Released... Apologies if someone already posted.
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Irene, So did the cost for Medicare. I'll take my extra $13 a month after Medicare increase and buy a new home. lol!
They raised it by one penny! I got a .05 cent raise one year and I told the Accountant he can keep it, he must need it more than I do. I'm driving about 25,000 miles a year for MS so that's an increase of about $250.
Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.
18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017.
14 cents per mile driven in service of charitable organizations.
The business mileage rate and the medical and moving expense rates each increased 1 cent per mile from the rates for 2017. The charitable rate is set by statute and remains unchanged.
Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.
18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017.
14 cents per mile driven in service of charitable organizations.
The business mileage rate and the medical and moving expense rates each increased 1 cent per mile from the rates for 2017. The charitable rate is set by statute and remains unchanged.
My social security actually went down $50 per month. My medicare went up around $80 per month. Letter said it was a one year increase but I really doubt it.
Insight, my Soc Sec. went up $20.00 Mo., and my Medicare went up awhile ago about 13.00, but we have a new benefit which makes up for it. Having done a bunch of AARP shops this year, I'm up on it. I'm sure your medicare did not go up 80.00..you should re-check.
Live consciously....
My Medicare premium went up $24/mo and so my 2% increase added a whole extra $9.00 to my monthly SS check. Now I think I can buy maybe 2 more loaves of bread a month!!!!
Yeah! but I won't get Medicare for another year. have to be disabled for two years to get it. my cobra is $790.00 a month.
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