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Retirement costs that won’t be rising in 2015

Here’s some great news for retirees on fixed budgets that are often stretched by medical expenses. Monthly premiums for Medicare Part B and the related deductible for 2015 will remain the same as in 2013 and 2014, according to a recent announcement from the U.S.Department of Health & Human Services(HHS). It means retirees won’t have to spend any of the latest cost of living increase (COLA) in Social Security benefits — a 1.7 percent rise — on higher Medicare premiums....Read More

 

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