Most of the Social Security cost-of-living adjustment will be used to pay for higher Medicare Part B premiums. The standard Medicare Part B monthly premium will be $134 in 2018, the same amount as in 2017. But many retirees who have been paying less than the standard rate for the past several years will see a jump in their premiums. Here's a look at how much you can expect to pay for Medicare Part B premiums in 2018.
If you want to try to self-induce a headache, give Medicare and Social Security a thought. Employers and employees need to understand how Medicare and Social Security affect contributions to a health savings account (HSA).
While there are straightforward rules, the penalties for making improper contributions are high. Employees and employers should be educated to ensure they don’t break these rules.