Social Security does not provide future retirees with a safe “return” on taxes paid into the system on their behalf, given the program’s funding problems. It’s not even clear that it provides a decent return to many current retirees, and it will get worse as younger age cohorts become eligible. 1,221 more words
Tags » Cost Of Living Adjustments
Premiums for about 30% of all Medicare Part B beneficiaries could increase by as much as 52% next year.
Those unlucky patients may go from paying $104.90 per month to $159.30 because of a simple “hold harmless” provision that says premiums can’t go up for Social Security recipients if there’s not cost-of-living adjustment for the given year. 122 more words