In December Congress passed, and President Biden signed, the Social Security Fairness Act, which will raise Social Security benefits for nearly 3 million Americans.  The new law repeals the Windfall Elimination Provision Offset and the Government Pension Offset. These 2 laws coordinated and offset Social Security benefits for recipients of government pensions for federal, state…

We already knew Social Security benefits were rising 2.5% due to the Cost of Living Adjustment (COLA).  We now know Medicare premiums will increase, as well, cutting into the increase for most recipients. Centers for Medicare and Medicaid Services (CMS) has announced the part B premium for most recipients will increase by $10.30 from $174.70…