Category Archives: Medicare

Medicare costs for 2025, once again, are rising faster than inflation

Part B costs, deductibles and IRMAA surcharges will increase about 5.9% next year. By David Enna, Tipswatch.com Just a month ago, Social Security beneficiaries learned their benefits would rise by 2.5% starting in 2025, the lowest increase in four years. … Continue reading

Posted in Inflation, Medicare, Retirement | Tagged | 21 Comments

Projection: Social Security COLA for 2025 should be around 2.7%

By David Enna, Tipswatch.com The recent release of the June 2024 inflation report created a baseline number for next year’s cost of living adjustment for Social Security recipients. It’s all based on a needlessly complex formula the Social Security Administration … Continue reading

Posted in Inflation, Medicare, Retirement, Social Security | 25 Comments

Long-time I Bond investors face a tax time bomb

By David Enna, Tipswatch.com U.S. Series I Savings Bonds are a unique investment because all interest is rolled into principal until redemption, and in most cases, all the compounded earnings are tax deferred until the I Bond is redeemed or … Continue reading

Posted in I Bond, Investing in TIPS, Medicare, Retirement, Savings Bond, Taxes, TreasuryDirect | 111 Comments

Medicare costs for 2024 are rising faster than U.S. inflation

Part B costs, deductibles and IRMAA surcharges will increase about 6% next year. By David Enna, Tipswatch.com Less than a month ago, U.S. retirees collecting Social Security learned their benefits will be increasing 3.2% beginning in January. That was the … Continue reading

Posted in Inflation, Medicare, Retirement, Social Security | 32 Comments

Social Security COLA looks likely to slip to 3.0% to 3.2% for 2024

Projecting the COLA is a fool’s game. But I’ll try anyway … By David Enna, Tipswatch.com With the release of the June inflation report on July 12, we now have a “pretty good” idea of where the Social Security cost-of-living … Continue reading

Posted in Inflation, Medicare, Retirement, Social Security | 7 Comments