SS COLA for 2021

[Don M.]

The SSA announced a 1.3% COLA for SS next year.....better than nothing, I guess.

https://www.yahoo.com/finance/m/cefadd36-8dc8-326f-92ea-7359daf83373/it-s-official-social.html

 

[ClassicRockr]

Sounds about right for each year. Definitely not much, but.........

 

[JustBonee]

So, how much are Medicare Part B premiums going up in 2021?

 

[Don M.]

So, how much are Medicare Part B premiums going up in 2021?

So far it looks like $8,70/month....to $153.30. For us, that should leave enough for about 1/2 tank of gas for the car.

 

[ClassicRockr]

We all should know that, while COLA can go up with SS each year, most other things also go up with cost.