Tuesday, October 18, 2016

2017 Social Security COLA to be nearly wiped out by out-of-control Medicare Part B premiums

Title: Social Security Recipients Will Get Less than a $4 Increase next Year

Article Snip: "...The average monthly Social Security payment is $1,238. That translates into a monthly increase of less than $4 a month. More bad news for seniors: Medicare Part B premiums, which are usually deducted from Social Security payments, are expected to increase next year to the point in which they will probably wipe out the entire COLA..."

Reference: fortune.com
COLA (2017), Social Security, average monthly Social Security payment is $1,238 (as reported in 2016 article), Obama Legacy, Medicare Part B premiums, destruction of the American working class,

No comments:

Post a Comment