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The Key Word is 'Substantial' When Recomputing Benefits

by Tom Margenau

Q: In a recent column, you said that Social Security recipients get an increase in their benefits for the taxes deducted on earnings they have if they're still working in retirement. I'm on Social Security and I went back to work last year. Is that increase automatic, or do I have to file for it?

A: The increase is automatic — if you're due one.

Usually by about October of each year, you would get the increase for the prior year — payable back to January of the curre ...

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