Medicare Costs Likely To Cut Into Social Security's Increase

The government giveth ... and the government taketh away.

Remember that 3.6 percent cost-of-living adjustment that was supposed to kick in for Social Security recipients in January? Forget about it. Higher Medicare Part B premiums will most likely wipe out as much as one-fourth of the anticipated Social Security raise.

Medicare Part B Premium Costs Likely To Cut Into Social Security's Increase - Kaiser Health News