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Will Social Security increase cover expenses?
Social Security benefits are going up 1.5%, about $19 in 2014. The annual cost of living adjustment is based on a government measure of inflation. But are the benefits keeping up with the cost of living and tax contributions? Some local seniors say the numbers don’t add up. For many a normal day of shopping doesn’t take a second thought but for some local senior’s it’s a very different story. Kay Hind says any increase to social security benefits is better than none...Read More
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