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3 Things to Know if New to Social Security

Understanding the basics of how Social Security works is more important that just grabbing one’s benefits as soon as possible without thought. Maurie Backman address cost of living adjustments here. She also explains that Medicare Part B premiums are deducted from Social Security if you’re signed up for both programs, though one can receive Social Security before being eligible for Medicare. Lastly, you may have to pay income tax on your benefits. Full article here.

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