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Medicare Part B Premium Jumps 14.5% Biggest Increase Since 2016

Washington, DC) – A 14.5 percent jump in the Medicare Part B premiums for 2022 spells trouble ahead for beneficiaries wondering where the money will…

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5.9% COLA Welcome, Inflation Likely To Continue to Erode Social Security Buying Power in 2022

(Washington, DC) – Retired and disabled Social Security recipients are anxiously looking forward to the largest cost of living adjustment (COLA) since 1982, according to…

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Are You Spending Too Much on Your Medicare Coverage?

(Washington, DC) – An estimated 39 million Medicare beneficiaries spend up to 29 percent of their Social Security benefits on healthcare costs, according to a…

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2022 Social Security COLA Likely to be 6 to 6.1%

(Washington, DC) – Social Security recipients are likely to get an annual cost of living adjustment (COLA) of 6 to a 6.1 percent in 2022,…

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Older Consumers Report Food as Fastest Growing Cost in 2021

(Washington, DC) – As inflation continues to steeply increase prices, older consumers are reporting that food has been the fastest growing category of their household…

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Update: Social Security COLA For Next Year Could Be 6.2%

(Washington, DC) – The annual Social Security cost – of – living adjustment (COLA) could be 6.2 percent next year — the highest in almost…

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Congressional Inaction Could Cost Thousands in Social Security, Says New Analysis From The Senior Citizens League

(Washington, DC) – An estimated 4 million people who were born in 1960 face lower Social Security benefits caused by the COVID-19 caused recession and…

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The “Medicare Tax” That Never Made It To The Medicare Trust Fund

(Washington, DC) – A controversial “Medicare” tax on net investment income that was signed into law shortly after passage of the 2010 Affordable Care Act…

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88 Percent Of Older Adults Want Medicare To Negotiate Drug Prices

(Washington, DC) – Older Americans overwhelmingly support legislation that would allow Medicare to negotiate prescription drug prices, according to a new survey by The Senior…

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Social Security Buying Power

(Washington, DC) – An abrupt jump in inflation in February and March wiped out a temporary improvement in the buying power of Social Security benefits,…

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