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COLA increase might not be enough

The 3.2 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 66 million Social Security beneficiaries in January 2024. However, you may not be as much as you think it will be due to Medicare Part B premiums increase of $9.80 for 2024. Adam Levy explains why Social Security’s COLA might leave some retirees worse off than expected. Read Mr. Levy’s article here….

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