Many people have their Medicare Part B premium automatically deducted from the Social Security benefits each month.

Retirees received the good news in late October that those receiving average Social Security retirement benefits each month will see an inflation-adjusted increase of roughly $56 a month starting in January.

The bad news hit in November: Retirees will hand over another $17.90 a month as the standard monthly premium for Medicare Part B hits $202.90 a month for 2026.

And that's how an average $56 cost-of-living adjustment in monthly Social Security retirement benefits could end up at around $38 a month for many, but not all, people.

Many people have their Medicare Part B premium automatically deducted from the Social Security benefits each month, which means the botto

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