Category Archives: Retirement

Good news: Medicare costs are going down for 2023

Posted on October 9, 2022 by Tipswatch

Why? The Medicare system is making amends for an ill-advised increase of 14.6% in 2022. By David Enna, Tipswatch.com One year after Medicare costs jumped 14.6% because of uncertainty over an Alzheimer’s drug, the Centers for Medicare & Medicaid Services … Continue reading →

Posted in Medicare, Retirement, Social Security | 14 Comments

Social Security COLA looks likely to rise about 10% for 2023

Posted on July 15, 2022 by Tipswatch

Want to understand how the COLA is calculated? It’s complicated. Read on … By David Enna, Tipswatch.com With the release of the June inflation report on Wednesday, we now have a pretty good idea of where the Social Security cost-of-living … Continue reading →

Posted in Retirement, Social Security | 8 Comments

Medicare Part B’s monthly premium, deductible costs will surge 14.6% for 2022

Posted on November 14, 2021 by Tipswatch

The typical person on Medicare will pay at least $289 more in 2022, just for Part B coverage, and double that to $578 for a couple. IRMAA surcharges are also increasing 14.5%. By David Enna, Tipswatch.com Just a month after … Continue reading →

Posted in Medicare, Retirement, Social Security | 21 Comments

I Bond Manifesto: Why inflation-linked savings bonds can work as part of your emergency fund

Posted on September 26, 2021 by Tipswatch

Sept. 26, 2021 It’s no secret that I’m a huge fan of U.S. Series I Savings Bonds, a simple, very safe investment that can accurately track — or exceed — official U.S. inflation without risking a dime. I’ve been pounding … Continue reading →

Posted in I Bond, Retirement | 36 Comments

August inflation: What it means for Social Security COLA, I Bonds and TIPS

Posted on September 14, 2021 by Tipswatch

U.S. inflation increased 0.3% in August, under the consensus estimate. At this point, the Social Security COLA will increase 5.8% for payments in January, but one month of data remains. The I Bond’s new inflation-adjusted variable rate is on track … Continue reading →

Posted in I Bond, Inflation, Investing in TIPS, Retirement, Social Security | 3 Comments