Thanks to collapsing oil prices, inflation has been flat—and that means it's looking more and more likely that retirees won't see a cost-of-living increase in their Social Security checks come January.

And while that will be tough enough—especially on retirees who are already struggling to get by on those Social Security checks—the ones who will really be feeling the effects are those in higher income brackets, who will likely see their checks go down as a result of higher Medicare Part B premiums.

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