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If President-elect Trump cuts Medicaid funding, Ohio will have to make up the difference, cut services or slash enrollment. That could hurt hospitals.
With two months of data still pending, current estimates suggest a 2.57% COLA increase for 2025, which would add about $50 per month to benefits, according to the Detroit Free Press.
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
an expansion of Medicaid to include more low-income Americans by increasing Medicaid eligibility limits to 133% of the Federal Poverty Level and by covering adults without dependents as long as either or any segment doesn't fall under the narrow exceptions outlined by various clauses throughout the proposal, [8] [9]
[43] [50] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [51] States may choose to increase the income eligibility limit beyond this minimum requirement. [51] As written, the ACA withheld all Medicaid funding from states declining to participate in the expansion.
The increase in 2025 will perhaps have the biggest impact on those earning between $168,600 and $176,100 per year, as you'll face Social Security tax on income that wasn't previously taxed in 2024.
This is an increase from the limit in 2024 of $4,150. For an individual with family coverage, the annual limitation is $8,550. This increased from the limit in 2024 of $8,300.
Starting in 2025, Medicare Part B premiums will increase from $174.70 per month to $185 per month. ... Starting in 2025, that limit will be $176,100 per year. ... one easy trick could pay you as ...