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Social Security Changes for 2021

Change is, perhaps, the only thing truly constant, and Social Security has changed for 2021. As happens each year, Social Security adjusts various benefit calculation factors based upon inflation and changes to certain indices such as the National Average Wage Index.. For example, each year Social Security may provide a Cost of Living Adjustment (COLA) based upon changes to the Consumer Price Index. Also, the Medicare Part B premium has changed, and how much it takes to earn a Social Security “credit” is different too. In this Yahoo! Finance article, contributor Ethan Rotberg discusses seven ways that Social Security has changed in 2021. Click here to read more.

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