Event JSON
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"Medicare premiums rise for 2025, nicking retirees' Social Security checks"
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"The Centers for Medicare and Medicaid Services (CMS) announced that 2025 monthly Part B premiums will climb to $185, an increase of $10.30 from $174.70 in 2024. The annual Part B deductible will also rise by $17, or 7%, to $257 from $240. This news follows the Social Security Administration's announcement of a 2.5% cost-of-living adjustment (COLA) for 2025, which will add about $50 to the average monthly benefit of roughly $1,900. However, the COLA will be reduced for those with lower benefit amounts due to the Medicare increases."
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