A Military Veteran Man Wearing Blue Uniform after Long-Reviled Military ‘Widow’s Tax’ Is Finally Being Phased Out

Long-Reviled Military ‘Widow’s Tax’ Is Finally Being Phased Out

Long-Reviled Military Widow’s Tax A controversial policy that reduces the benefits of military spouses is on the way out. The so-called “widow’s tax” cuts assistance to surviving military spouses who qualify for benefits under two different military benefits programs. The two programs are: The Department of Defense’s Survivor Benefit Plan (SBP), which allows military retirees…

A Hand Putting Coin in a Piggy Bank for Medicare Premiums Increase 2022 With Corona Estate Planning Attorney

Medicare Premiums to Increase Dramatically in 2022

Medicare Premiums Increase 2022 Medicare premiums are rising sharply next year, cutting into the large Social Security cost-of-living increase. The basic monthly premium will jump 15.5 percent, or $21.60, from $148.50 to $170.10 a month. The Centers for Medicare and Medicaid Services (CMS) announced the premium and other Medicare cost increases on November 12, 2021.…