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Average Monthly Earnings
The computation of your monthly Social Security benefit when the time comes you became disabled (or died) or when you reach the right age for the benefit.
Annual Cost of Living Increase
A probability that payments will increase every year due to the high cost of living increasing every year.
The right of an individual to disagree with the insurance company's decision and ask them to review their case once more. Giving insurance company room to change if they made the wrong decision.
Application for Benefits
This is the number one requirement for those who wants to start applying for benefits, where they should complete all requirements and fill out the application form.

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