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Law Does Not Provide for a Social Security Cost-of-Living Adjustment for 2016

Posted on December 30, 2015 at 9:57 am

With consumer prices down over the past year, monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 65 million Americans will not automatically increase in 2016. The Social Security Act provides for an automatic increase in Social Security and SSI benefits if there is an increase...
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