Seniors expect lowest Social Security increase since 2021

Inflation cools, reducing next year's Social Security COLA

2024 cost-of-living adjustment estimated at 2.5%

Beneficiaries may see around $46.80 monthly increase

Lower COLA results from slowed price growth nationwide

Fixed-income seniors still face rising essential costs

Housing, insurance, and food prices remain highly inflated

Seniors struggle to offset inflation due to fixed incomes

Medicare Part B premiums projected to increase significantly

Part B hike could reach $10.30 per month in 2025

Medicare cost increase impacts Social Security check amounts

Health and essential service expenses strain senior budgets