Changes to Social Security Coming

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There will be no increase in benefits for 2016 according to the latest reports.  Benefit amounts will remain the same as 2015 based upon no increase in the Consumer Price Index.

Also, Congress has determined that a “loophole” in the “file and suspend” rule will be closed.  Some argued that the file and suspend rule allowed couples to receive more benefits than they should have been entitled to.  There were several variations of how couples could begin to receive benefits before the Social Security laws intended.  Congress worked to close this loophole in 2016 to help reduce costs and to ensure couples only received benefits when they are entitled to.

If you are filing for Social Security benefits or are already receiving benefits, you should visit www.ssa.gov and review all of the changes for 2016!

Below are links to Social Security offices in major cities across the country: