Social Security's cost-of-living adjustment could rise 2.7%. But Medicare Part B premiums are set to rise even more, eating most of the COLA.

The BLS has changed how it measures the inflationary data that determines whether Social Security benefits will get a Cost-of-Living Adjustment (COLA). Will it hurt your benefits?

While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This article originally appeared here and was republished with permission.