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Older Americans report little boost in 2018 Social Security checks

For many of the millions of Americans on Social Security, getting a two percent cost-of-living (COLA) increase in 2018 has been a bust. According to a recent survey, more than 40 percent of American’s seniors say they have watched the extra amount get completely or mostly eaten up by the cost of Medicare Part B premiums. Why? The attached article explains the hold harmless rule that’s been triggered in recent years. Read article here…

 

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