Social Security COLA 2024: How Much Will Benefits Increase Next Year?

Social Security COLA 2024: How Much Will Benefits Increase Next Year?

July inflation report suggests next year’s boost likely to be around 3%, analysts say After two years that saw Social Security cost-of-living adjustments (COLAs) soar to their highest level in four decades, beneficiaries will likely see a more modest increase in their...
The Big Choice: Original Medicare vs. Medicare Advantage

The Big Choice: Original Medicare vs. Medicare Advantage

Which path you take will determine how you get your medical care — and how much it costs As you think about how Medicare will cover your health care needs, your first major decision should be whether you want to enroll in federally run original Medicare or select...
10 Common Medicare Mistakes to Avoid

10 Common Medicare Mistakes to Avoid

Errors can prove costly to new enrollees Missing deadlines, delaying enrollment or choosing the wrong plan can cost you a bundle when it comes to Medicare. Here’s a list of 10 common mistakes new Medicare enrollees make and how to avoid them, according to the Medicare...
Medicare Part D Premiums to Dip Slightly in 2024

Medicare Part D Premiums to Dip Slightly in 2024

CMS projects average monthly prescription drug charge to fall nearly $1 The average monthly premium for Medicare Part D prescription drug coverage is expected to fall slightly in 2024, to $55.50, a 99-cent drop from the 2023 average of $56.49, the Centers for Medicare...