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2024 COLA INCREASES FOR MEDICAID, SOCIAL SECURITY, MEDICARE, TAX AND VETERANS BENEFITS

by Thomas D. Begley, Jr., Esquire, CELA             Many public benefits and tax numbers are indexed to inflation.  Different agencies use different inflation factors, but Social Security used 3.2 for increasing the numbers for 2024.  Below is a chart that states numbers for the following: Medicaid, Social Security, Medicare, Tax, Veterans Aid and Attendance and Veterans…

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Social Security for 2023

On October 13, 2022, the Social Security Administration announced an 8.7% benefit increase for Social Security recipients in 2023.  On average, Social Security benefits will increase more than $140 per month beginning January 1.  The benefit increases are as follows:   Maximum Social Security benefit for a single individual retiring at full retirement age    …

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New Study Reveals Medical Dangers of Isolation

[Originally published in the NAELA eBulletin] Those who are socially isolated are over 40% more likely to have a cardiovascular event, such as a heart attack or stroke, than those who were socially integrated, new research has shown.  The German study, presented May 23, 2020 at the European Academy of Neurology (EAN) Virtual Congress, found…

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ORGAN DONATIONS

by Thomas D. Begley, Jr., CELA [Article originally published in Straight Word]  Attorneys preparing Wills for clients should always also prepare a Living Will or Health Care Power of Attorney and ask the client if he or she is willing to make an organ donation. Every ten minutes someone is added to the National Transplant…

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