An analysis by The Wall Street Journal identified multiple instances of companies raising prices on items ranging from jeans to spices this…
Just keep in mind that redeeming those early-year I Bonds will trigger a surprising tax hit. You may want to…
30 years is a long time, certainly beyond my imagined life expectancy. My impression is most of the people who…
I wouldn’t use the January number to extrapolate a year because non seasonally adjusted inflation runs higher at the beginning…
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
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
Treasury Inflation-Protected Securities 
Looks like another good opportunity to build on the bond ladder portion of a portfolio for the middle-aged and trust…