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Social Security Updates

By Grayson Cannon

Social Security has announced changes and cost-of-living adjustments to benefits for 2018.  These modifications will be effective for next year. A 2.0 percent cost of living adjustment will be made to all benefits and payments that are tied to the COLA.  Generally, all retirement and disability beneficiaries receiving monthly Social Security or SSI benefits will get a two percent raise.  …

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Social Security Benefit Changes 2017

By Grayson Cannon

Each year around this time, Social Security publishes its list of changes for the following calendar year, including important cost-of-living adjustments.  This year, based on the Consumer Price Index, only a very small cost-of-living increase of .3 percent is being applied. This means the monthly benefits paid to the disabled and retirees and their dependents under Title II of the …