Social Security COLA 2025 Predictions Ahead of Decision
How Rising Medicare Premiums and Lower Social Security COLA Predictions Could Impact Seniors' 2025 Benefits
Joseph Patrick Roop, president of Belmont Capital Advisors, predicts the 2025 Social Security cost-of-living adjustment (COLA) will range from 2.1 to 2.5 percent, lower than recent years. He highlights that inflation in healthcare costs, particularly Medicare premiums, is a significant factor reducing retirees' net benefits, even after the COLA. Roop points out that Medicare premiums for Parts B and D have been rising, which often offsets the modest increases in Social Security payments, leaving seniors with less disposable income.
Read Full Article Here: https://www.newsweek.com/social-security-cola-2025-predictions-ahead-decision-1959904
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