Social Security has a 5.9% COLA coming up in 2022

Medicare part B is legally optional. However if you receive medical insurance through an employer or as retiree, they can require you to have part B coverage. When you first get Social Security you can postpone taking part B (though normally it should be taken), but cancelling and restarting once you have had coverage is costly.
 
I was gobsmacked when I saw the deposit in my credit union account. It's the largest cost of living adjustment I've received. Whoopee!
 
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