Social Security benefits are eligible for an increase in 2025. The average monthly benefit is expected to rise by about $50. Since the cost of Medicare Part B is going up, retirees who are enrolled in both programs won't see that raise in full.

Seniors will have to pay more again for Medicare Part B next year, according to the Centers for Medicare and Medicaid Services (CMS). The standard monthly premium for Medicare Part B enrollees will rise by $10.

Medicare premiums will rise in the New Year, the Centers for Medicare & Medicaid Services (CMS) has announced. Medicare is a federal health insurance program overseen by the Social Security Administration (SSA).

Workers with disabilities and survivor beneficiaries will receive a 2.5% increase to their monthly checks, as well. For the average worker with disabilities, their Social Security benefit is projected to rise by $38 per month, from $1,542 to end 2024 to $1,580 to begin the new year.

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

The Centers for Medicare & Medicaid Services announced last week that the Medicare Part B premiums will rise (as will the annual deductible) next year. Premium, deductible, and coinsurance rates for Medicare Part B are determined annually.

How to keep your Medicare Part A costs manageable. Doing your best to stay healthy is a good way to stave off medical issues that might land you in the hospital. But sometimes, ev