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Seniors Report Stagnated Net Benefits

Citing the impact of growing Medicare Part B premiums, a recent survey by The Senior Citizens League (TSCL) notes that nearly half of respondents report that that “their net monthly Social Security benefit grew by less than $10 in 2019 despite receiving a 2.8 percent cost-of-living adjustment.” And the 2020 COLA of 1.6% will exacerbate this problem, according to TSCL policy analyst Mary Johnson. Read TSCL’s CISION PRweb post here…

 

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