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The New Budget Deal

A new budget deal was passed in the house last week and has been signed by President Obama. Among other things, the deal closed an advantageous loophole in the Social Security system that was allowing retirees to file for benefits while still growing their monthly payouts until full retirement age. This deal also affected Medicare premiums, putting a new cap on the increases for next year. To see what else is affected with this new bill, visit this article by Rebecca Shabad with CBS News.

 

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