Tag Archive | "increase"

retirement Social Security, medicare, social security

Why Social Security Checks Are About To Get A Lot Bigger

The U.S. government announced Thursday that Social Security beneficiaries will see an 8.7 percent increase in monthly payments this upcoming year, the largest increase in four decades.

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Social Security

What Tax Reform Means for Your Social Security Benefits

Yes, your taxes on Social Security benefits are going to rise over time as a result of tax reform.

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Medicare premiums going up for 2013

By Ricardo Alonso-Zaldivar WASHINGTON  — Medicare premiums are going up $5 a month in 2013, the government said Friday. It’s less than expected, but still enough to eat up about one-fourth of a typical retiree’s cost-of-living raise next year. Medicare chief Marilyn Tavenner said the new “Part B” premium for outpatient care will be $104.90 […]

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Social Security benefits to go up by 1.7 percent

WASHINGTON — More than 56 million Social Security recipients will see their monthly payments go up by 1.7 percent next year. The increase, which starts in January, is tied to a measure of inflation released Tuesday. It shows that inflation has been relatively low over the past year, despite the recent surge in gas prices, […]

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Double-digit price hike for Medicare prescription plans

WASHINGTON — Seniors enrolled in seven of the 10 most popular Medicare prescription drug plans will be hit with double-digit premium hikes next year if they don’t shop for a better deal, says a private firm that analyzes the highly competitive market. The report Monday by Avalere Health is a reality check on the Obama’s […]

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Social Security recipients to get 3.6 percent COLA

WASHINGTON — Some 55 million Social Security recipients will get a 3.6 percent increase in benefits next year, their first raise since 2009. The increase was announced Wednesday when the government released a key measure of inflation, which determines whether people who receive Social Security get a cost-of-living adjustment, or COLA. About 8 million people […]

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