In 2025, retirees can expect significant changes to their Social Security and Medicare benefits. President Joe Biden is set to sign a bill increasing Social Security benefits for certain pensioners, including the elimination of provisions like the Windfall Elimination Provision and Government Pension Offset. Additionally, all Social Security beneficiaries will receive a 2.5% cost-of-living adjustment, while Medicare Part B premiums will rise to $185 per month and a $2,000 annual out-of-pocket cap for Part D prescription drug costs will be implemented.
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Mark Carney to meet Donald Trump for first time as PM, as trade war frays US-Canada relations
Trump disliked Trudeau - why Carney may fare betterFollowing Mark Carney's victory in Canada's general election, Donald Trump offered a lukewarm endorsement, acknowledging Carney as the candidate who "hated Trump" the least. Trump’s relationship with former Prime Minister Justin Trudeau was marked by personal animosity, characterized by passive-aggressive exchanges and derisive remarks. However, with Carney's election, the tone appears to have softened, potentially leading to a more favorable dynamic between the U.S. and Canada. Full...
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