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Category: 2015 Cost of Living Adjustment (COLA)
2015 Cost of Living Adjustment (COLA) for Social Security Recipients and Medicare Costs
By Gabriela Raful, Esq. In January 2015, those receiving Social Security Benefits will see a 1.7 percent increase in their checks due to the Cost of Living Adjustment (COLA). The purpose of this increase is to ensure that the purchasing power of Social Security Benefits is not eroded by inflation. In other words, the main[…]