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 annual cost-of-living-adjustment isn't keeping up with inflation, according to The Senior Citizens League advocacy group.

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.