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Social Security & Medicare

Benefit changes, claiming strategies, eligibility rules, Medicare enrollment, Part D updates, and policy changes affecting retirees.

Latest in Social Security & Medicare

Social Security & Medicare

Social Security’s retirement trust fund now runs dry in 2032, a year sooner than expected — and without a fix, every check gets cut about 24% automatically

If nothing changes, a retiree collecting the average Social Security check of roughly $1,976 a month will see that payment drop to about $1,502 before...

Social Security & Medicare

A Senate bill would make every dollar earned above $400,000 pay into Social Security — enough to close most of the shortfall without cutting a single retiree’s check

A worker earning $176,100 this year pays Social Security tax on every cent of that income. A CEO earning $5 million pays the same flat...

Social Security & Medicare

A new Social Security rule just boosted benefits for some widows and divorced spouses — many now qualify for hundreds more a month they don’t know to claim

A retired teacher in Texas who spent 30 years in a state pension system logged into her Social Security account last spring and saw something...

Social Security & Medicare

Full retirement age officially hit 67 this year — and anyone born in 1960 who claims at 62 will lose 30% of their Social Security check for life

If you were born in 1960, you are part of a group that holds a distinction no previous generation of American retirees can claim: your...

Social Security & Medicare

Waiting until 70 to claim Social Security now pays up to $5,181 a month — about $1,000 more than the $4,152 that same worker gets at full retirement age

The Social Security Administration’s 2026 benefit tables spell out a gap that is hard to ignore: a maximum-earning worker who files at 70 collects $5,181...

Social Security & Medicare

Social Security’s 2027 raise is now projected at 3.9% — about $81 more a month for the average retiree, the biggest cost-of-living bump since 2023

For millions of retirees who have watched their Social Security raises shrink for three straight years, the first inflation reading of the 2027 adjustment cycle...

Social Security & Medicare

Medicare starts covering Wegovy and Zepbound for $50 a month on July 1 — the same drugs that cost up to $699 at the pharmacy today

A month’s supply of Wegovy costs roughly $1,350 at list price. A month’s supply of Zepbound runs about $1,060. Even with insurance negotiations and manufacturer...

Social Security & Medicare

The 2027 Social Security COLA forecast jumped a full point in 30 days — at this pace, retirees could see their biggest raise since 1981 next October

A retired postal clerk in Tampa collecting $1,927 a month from Social Security could open her January 2027 check and find an extra $150 or...

Social Security & Medicare

Medicare Part B premiums are set to rise again in 2027 — and the same hike pattern that ate $17.90 from 2026’s COLA is locked in for another year

A retired worker collecting the average Social Security benefit will see roughly $55 more per month on paper in 2026. In practice, $17.90 of that...

Social Security & Medicare

The 2027 Social Security COLA is now projected at 3.2% to 4.5% — today’s 3.8% inflation and $4.52 gas guarantee it lands at the high end

A retired postal worker in Tampa pulling $1,800 a month from Social Security stands to gain roughly $81 per check starting in January 2027. A...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but with inflation at 3.8% and the 30-year Treasury at 5%, retirees’ fixed-income investments are losing ground too

The $56 raise was supposed to help. When the Social Security Administration announced a 2.8 percent cost-of-living adjustment last October, the bump looked like a...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but with inflation at 3.8% and wholesale prices at 6%, retirees are falling further behind every month

The January raise was supposed to help. Instead, five months later, it is not even close to enough. Social Security’s 2.8% cost-of-living adjustment put an...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but 3.8% inflation means retirees are losing purchasing power faster than the raise covers

Social Security’s 2.8% COLA added $56 a month – but 3.8% inflation means retirees are losing purchasing power faster than the raise covers The 2.8%...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but today’s 3.8% CPI means retirees are losing purchasing power faster than the raise covers

The extra $57 in January’s Social Security check was supposed to keep retirees even with rising prices. By spring, it was already underwater. Consumer prices...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but the Medicare Part B premium hike swallowed $17.90 of it, leaving retirees with just $38 more

Five months into 2026, the extra money from Social Security’s latest cost-of-living adjustment has had time to settle into retirees’ budgets. For most, the verdict...

Social Security & Medicare

Social Security’s May checks reflect the full Medicare Part B deduction — retirees who expected a $56 COLA raise are netting $38 after the $203 premium

Social Security’s May checks reflect the full Medicare Part B deduction – retirees who expected a $56 COLA raise are netting $38 after the $203...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but Medicare’s Part B premium hike swallowed $17.90 of it, and retirees on fixed incomes are netting just $38 more

Every January, millions of retirees open their bank statements hoping to see the full effect of Social Security’s annual cost-of-living adjustment. In January 2026, the...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but Medicare’s Part B hike swallowed $17.90 of it, leaving retirees with $38 more

When Linda Garza, a 71-year-old retired postal clerk in Tucson, opened her January 2026 bank statement, she expected to see the 2.8% Social Security raise...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but after the Medicare Part B hike to $203, retirees kept just $38 of it

Six months into 2026, most retired workers have had time to notice what their 2.8% Social Security raise actually looks like in their bank accounts....

Social Security & Medicare

Medicare Part B’s $203 premium eats nearly half of Social Security’s 2.8% COLA — retirees net about $38 more per month after the deduction

A retiree collecting the average Social Security benefit opened their January 2026 deposit to find roughly $38 more than the month before. Not $56, which...

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