From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Social Security’s 2027 raise could shrink before it arrives. How Medicare costs may eat into the $72 boost
RSS excerpt
Social Security’s 2027 COLA could rise by 3.5%, adding about $72 a month to the average retired worker’s benefit. But higher Medicare Part B premiums, prescription drug costs and rising energy expenses could reduce the financial relief retirees receive.
