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On October 16, 2009, the Center for Medicare and Medicaid Services (CMS) released the 2010 Medicare Fact Sheet. According to CMS, the Medicare Part B monthly premium will increase to $110.50 for 2010. This is an increase of $14.10 per month (or $169.20 per year). Since there was no Cost-Of-Living Adjustment (COLA) for Social Security [...]
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On October 15, 2009, the Social Security Administration officially announced that there will be no Cost-of-Living Adjustment (COLA) for Social Security Disability and Supplemental Security Income recipients for 2010. This is the first time since the Cost-of-Living Adjustment was codified by Congress in 1975 that there will not be an increase in benefits for recipients. [...]
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