[lightman]

APR?

And what does that mean for Social Security aka “entitlement” recipients’ COLAs?

[TomGuy]

And what does that mean for Social Security aka “entitlement” recipients’ COLAs?

In the last couple of months I have seen SS COLA increases from about 9% to just over 11%. Now that the 3rd quarter has ended, the real numbers should be announced on October 13.

I did see an article earlier in the week that the Medicare Part B premium will actually decrease by $5.20:

The standard monthly premium for Medicare Part B enrollees will be $164.90 for 2023, a decrease of $5.20 from $170.10 in 2022.

source: 2023 Medicare Parts A & B Premiums and Deductibles 2023 Medicare Part D Income-Related Monthly Adjustment Amounts

[Nifster]

Congress decides what that will be.

Sadly the COLA never matches reality