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REPORT: Seniors Could See an Even Larger Increase to Benefit Payments in 2023
The most recent CPI report indicates an even larger increase for senior citizens' benefit payments in 2023.
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DISGRACEFUL: 50% Of Americans At Risk for Lower Benefit Payments
About 50% of Americans are at risk for smaller Social Security benefit payments.
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IMPORTANT: Retirees Who File Early Can Still Get Higher Benefit Payments
Whenever an individual claims Social Security early, they are subjected to lower benefit payments. Luckily, there are things that can be done to increase benefit payments again.
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Social Security’s Future Remains Bleak; Here’s Why — and What Must be Done to Make It Brighter
If nothing is done to secure the future of the Social Security program, beneficiaries are looking at lower payments.
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UPDATE: Full Retirement Age Will Not Increase Again
Full retirement age, or FRA, dictates when an individual is entitled to the entirety of their benefit payments. Thankfully, this age will be steady from here on.
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