Here Are the Answers to Your Biggest Social Security Questions
Social Security is one of the most important and most complex federal programs. This year alone it will distribute $1.5 trillion in benefits to nearly 68 million Americans; the majority of whom are retirees. With so many people relying on this program, it’s important that everyone have a solid understanding of how Social Security works.
Investopedia recently published an article answering “10 Common Questions About Social Security” in simple and easy-to-understand language. From eligibility and benefit amounts to tax implications and solvency concerns, this piece delivers as Dragnet’s Sgt. Joe Friday used to say: “Just the facts, ma’am.”
The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.