Social Security COLA & Medicare Part B Premium Hike: What Retirees Need to Know
Update: 2025-11-20
Description
Retirees brace for a mixed bag of news: while Social Security benefits will see a modest increase of around $56 per month, Medicare Part B premiums will rise by $17.90, potentially offsetting the COLA gain. This marks the second-highest dollar increase in Part B premium history, covering services like doctor visits and outpatient care. Lower-income beneficiaries are protected by a hold harmless provision, but many will still see a smaller take-home increase than expected.
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