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The Centers for Medicare and Medicaid Services (CMS) announced that 2025 monthly Part B premiums will climb to $185, an increase of $10.30 from $174.70 in 2024.
In 2025, benefits rose 2.5%. And while that's the smallest COLA to arrive in years, it's a sign that inflation isn't surging quite as badly as in recent years. Start Your Mornings Smarter!
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
The COLA for 2025 is the second straight year of more normal annual adjustments, following large increases seen in 2023 and 2022. The 2025 increase follows this year’s rise of 3.2 percent, which ...
Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA), marking the smallest increase since 2021. This modest adjustment reflects a positive ...
In this video, I'll discuss two big reasons the COLA might not be enough for retirees to keep up with the cost of living. *The video was published on July 19, 2024. The $ 22,924 Social Security ...
A separate study from The Senior Citizens League found that two-thirds of seniors report their monthly costs increasing by 10% between 2022 and 2023. While the 2023 COLA was the highest in four ...
Yearly inflation climbed 2.4% in September, while the Social Security COLA for next year will be 2.5%, or an average of $50 more per household. What do higher-income Medicare enrollees pay?