Friday, December 23, 2016
"Held Harmless" Indeed
So Social Security recipients are granted a 0.3% increase for 2017, no COLA this year, but an "adjustment." But Part B Medicare costs also increase, in amount higher than the benefit paid. So, unless you have the hold harmless provision, your benefit check will probably be less in 2017 than in 2016. A piddling amount either way, so no worries. Wait til next year.
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