Social Security’s 2025 COLA Boost May Be Undone by Rising Medicare Premiums
Social Security’s Cost-of-Living Adjustment (COLA) for 2025 is set to rise, but increases in Medicare Part B premiums may offset this benefit for retirees. The latest estimated COLA has reached 3.2%, driven by ongoing inflation. Let’s take a closer look at what this means. What Is COLA? The Cost-of-Living Adjustment (COLA) is an annual increase … Read more