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Social Security Adjustments for 2020

Each year the Social Security Administration announces cost of living adjustments that impact the monthly benefit to recipients for the following calendar year. As the New Year approaches, you can expect the following changes to apply to those enrolled in Medicare and receiving benefits from Social Security in the 2020 calendar year.

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Social Security Benefits Increase in 2019

Each year, the Social Security Administration evaluates whether changes are warranted to the current system – impacting those receiving benefits, those working while receiving benefits, and those working and paying into Social Security. Earlier this month, the Social Security Administration released updates for 2019. What are the updates and who will be impacted?

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