As inflation lingers, the Social Security Administration (SSA) is boosting its cost-of-living adjustment (COLA) for benefit checks in 2024. It's just one of many changes announced by Social Security recently.

For more than five million Americans, even a dollar of extra income can boost annual Medicare premiums by hundreds or thousands of dollars—but refunds of these surcharges are sometimes available.

In today’s inflationary times and a down stock market, people are looking for side jobs as another source of income. But avoid some of the nasty surprises by planning ahead for additional income taxes, a possible increase in your Medicare premiums, or a reduction in your Social Security benefits.