The Social Security Administration recently debuted a newly redesigned Social Security statement. The new two-page document is strikingly different from the statement people had been used to seeing. But is it better?
A Retirement Daily report by The Street reviewed the new statement and gave it a C+. It handed down this slightly above average grade after finding some improvements, but also a few failings — namely the disappearance of your estimated benefit and earnings history.
The Seniors Trust is committed to improving the financial well-being of America’s retirees through passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $65 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and this bill will ensure the long-term solvency of the Social Security program.