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25 Most Important Things About Your Social Security

January 6, 2020 · Personal finance

22. Social Security recipients get periodic cost of living adjustments

Cost of living adjustments will be applied to your Social Security in order to make up for expenses that rise in cost. This is all to make sure retirees will be able to keep up with inflation.

Beware, though! Health care costs are not taken into account, so always make sure you have enough saved for emergencies just in case.

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