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How COLAs increase your future Social Security

With all the talk of a record high cost-of-living-adjustment (COLA) for 2023, many people near retirement are wondering if they should file for their Social Security benefits to take advantage of this increase. You want to make the right decision; you are afraid of missing out if you delay. Don’t worry; you will not be leaving money on the table. Dan Caplinger explains how your Social Security benefit gets calculated and how COLAs increase your future Social Security benefits. Read Mr. Caplinger’s article here…

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