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Social Security has actually existed for a long time. The program's guidelines aren't set in stone.
Each year, Social Security tends to go through modifications. A few of those can be favorable ones, while others, not a lot.
Whether you're on Social Security now or years far from being qualified for advantages, it's essential to learn about these huge modifications that are set to occur in 2023.
Advantages are getting their biggest increase in years
The earnings-test limitation is increasing
The wage cap is increasing
The good news is that changes like these are typically revealed each year in October, so that's the very best time to be on the lookout for them.
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