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The 2018 Social Security increase: Will you see it?
Because Social Security makes up a large part of retiree income, beneficiaries are naturally elated with the news that 2018 will see the largest COLA increase in 6 years, a 2% bump in benefits starting in 2018. But hold on! For many, they may never even see a change in their Social Security check because it will go toward paying their Medicare Part B premium, instead of into their pocket. The Motley Fool article by Maurie Backman explains why the latest Social Security increase is bogus. Click here to read more.
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