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America's seniors will pay more for their health care in the new year, as the Centers for Medicare and Medicaid Services (CMS) has announced that premiums for its Part B plan will increase by ...
Luckily, recipients can expect a 2.5% increase in their monthly benefits beginning in January 2025. A 2.5% increase is below the average COLA since it became annual in 1975, but it could also be ...
Medicare Part B costs have outpaced COLA for years. 2025 isn't an outlier. Medicare Part B premiums have been rising faster than COLA for years, data show., which is part of the reason many ...
This year’s cost-of-living adjustment (COLA) is lower than last year’s 3.2 percent increase. Still, any additional income is a welcome boost for beneficiaries who live on fixed incomes.
Social Security benefits get a 2.5% cost-of-living adjustment (COLA) in 2025. Social Security recipients get annual cost-of-living adjustments (COLAs) to protect the purchasing power of benefits ...
Anyone who pays close attention to Social Security retirement benefits knows that the annual Social Security cost-of-living adjustment (COLA) tells only part of the story about how benefits are...
In fact, next year's 2.5% bump is higher than the 2010's average COLA of 1.4%, and is similar to the average since 1983 (after the soaring inflation of the preceding decade). What it means for ...
When you look at the history of Social Security COLAs since the turn of the century, the 2025 COLA is remarkably average. It ranks as the 12th highest COLA since 2001 and sits just under the 2.58% ...