Category Archives: Social Security

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

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 | 18 Comments

Coming October 13: The most significant inflation report in a decade

September inflation numbers should nail down the Social Security COLA at 5.8%+ and set the I Bond’s inflation adjusted rate at 6.5%+, annualized. By David Enna, Tipswatch.com Next Wednesday, at 8:30 a.m. EDT, we’re going to get a whopper of … Continue reading

Posted in I Bond, Savings Bond, Social Security | 32 Comments

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

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

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

All-items inflation for July came in at 0.5% and 5.4% for the year. The Social Security COLA is still on track for about a 6% increase. I Bonds could get a variable rate of 6% (or higher) for six months. … Continue reading

Posted in I Bond, Inflation, Investing in TIPS, Retirement, Social Security | 7 Comments

Social Security COLA: An increase of 6% looks likely for 2022

(And here’s the esoteric and confusing way that is calculated) By David Enna, Tipswatch.com August 11, 2021 update: The July inflation report keeps the COLA on track for an increase of about 6% Inflation trends through June 2021 make it … Continue reading

Posted in Retirement, Social Security | 7 Comments