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Editor’s Note: This story originally appeared on SmartAsset.com. Big changes to Social Security could be coming. A new proposal from U.S. Rep. John Larson (D-Conn.) calls for a benefit bump for current and new Social Security beneficiaries, an overhaul to how the annual cost-of-living adjustment (COLA) is formulated and increased payroll tax collections on the wealthiest Americans. The legislation…
