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11.09.2024 12:15:00
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The Social Security Cost-of-Living Adjustment (COLA) Isn't the Only Way to Boost Your Checks. This Could Give You Up to $461 More Per Month -- But There's a Catch.
Social Security cost-of-living adjustments (COLAs) give retirees' checks a boost nearly every year, but the increase isn't always that significant. Last year, the average benefit went up by $59 per month, and the 2025 COLA will likely be even smaller.Fortunately, COLAs aren't the only way retirees can increase their Social Security checks after they've signed up. There is another option that could add as much as $461 to your monthly benefit -- but there's a catch.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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