The Trouble With Social Security COLAs and Medicare Premiums
Meager cost-of-living adjustments coupled with Part B increases continue to erode the standard of living for many retirees.
It's become an annual two-part reminder of the bite that healthcare costs can take in retirement.
In October, Social Security announces the cost-of-living adjustment, or COLA, for the year to come. About one month later, Medicare follows up, posting the new monthly standard Medicare Part B premium.