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Remember to figure in Medicare into your equation
The Social Security Administration announcement of the 2.5 percent 2025 cost-of-living adjustment (COLA) has some people calculating their increase to their monthly benefit amount before they know one other increase that is due to be announced. What is this other increase that could affect some Social Security recipients? Maurie Backman explains why you may not get the full amount of the COLA. Read Ms. Backman’s article here…
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