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In an annual report released earlier this year, the Medicare Trustees forecast that monthly Part B premiums will increase from $164.90 in 2023 to $174.80 in 2024.
It's almost a sure bet that the 2024 Social Security cost-of-living adjustment (COLA) will be around 3%, based on the U.S. Department of Labor's latest inflation data. That's well down from the 8. ...
Based on the June BLS data, the 2024 Social Security COLA will be 3%, according to estimates from The Senior Citizens League, a non-partisan seniors advocacy group. That estimate is up from the ...
The 2024 COLA is expected to be somewhere between 3% and 3.5% — a huge drop from this year’s 8.7% adjustment. ... based on the latest Social Security Administration data. ... the Medicare ...
Following COLAs of 5.9% in 2022, 8.7% in 2023, and 3.2% in 2024, a raise of at least 2.6% would have marked the first time since 1997 that benefits jumped by this amount for four consecutive years.
The latest COLA increase pales in comparison to the 8.7% ... will continue to struggle financially even as inflation slows into 2024, experts and economists say. ... Social Security and Medicare ...