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We annually announce a COLA, and there’s usually an increase in the Social Security and Supplemental Security Income (SSI) benefit amount people receive each month.By law, federal benefit rates increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W).The facility listed the jewelry as part of her personal inventory. See the Answer If the creator of a revocable trust wants to make a beneficiary a co-trustee and make the current successor trustee a beneficiary, does she have an obligation to inform the current trustee of the change?Will she have to sell her jewelry before she can qualify for Me... If I move frequently due to my company, is there anything in my will I know will always be valid or do I have to make changes every time I move? See the Answer My mother pays a lot of money every month for my dad to stay at a home care facility with staff. Simply, can the trust's creator make whatever changes she wishes without telling anyone?Can we take out a reverse mortgage on the house to keep paying for her care at home until she can be admitted? See the Answer The Trump administration is officially rolling back a ban on the use of arbitration agreements by nursing homes, once again allowing nursing facilities to ask families to give up their right to sue over patient injuries or deaths.
She had always said that my brother could have the money from the sale of antiques in the house.Once you begin receiving benefits, there are three common ways benefit checks can increase: a cost of living adjustment (COLA); additional work; or an adjustment at full retirement age if you received reduced benefits and exceeded the earnings limit.The COLA is the most commonly known increase for Social Security payments.Retirement just got more interesting since you learned about potential increases to monthly payments.Social Security has been securing your today and tomorrow for more than 80 years with information and tools to help you achieve a successful retirement.
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You made the choice and now you are happily retired.