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Thu Oct 24 2024
If their candidates lose the election, many people believe it will hurt their wealth and retirement, and force them to put more in emergency savings
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Your future Social Security benefit increases could be affected by which candidate wins the upcoming presidential election.
With inflation easing, the 2025 COLA, or cost-of-living adjustment, will be smaller than what Social Security recipients have seen in recent years.
The Social Security schedule shows SSI beneficiaries are set to get two payments for the month of November thanks to the calendar.
Misunderstanding this aspect of Social Security could lead to serious headaches.
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