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A new study shows that Social Security recipients have gone beyond cutting back on discretionary spending, and they report that their benefits are not enough to cover necessities.
Social Security is a crucial income source that many retirees rely on pretty heavily to help them make ends meet. While these benefits only replace around 40% of pre-retirement income, they are ...
The Cost of Living Adjustment (COLA) is a vital component for Social Security beneficiaries, directly influencing their ...