Did you know that Social Security benefits are a key source of finances throughout retirement? It’s true; in fact, Social Security is so important, that more than half of retired workers claim it as a “major source” of their income.
Social Security can be a confusing program. Luckily, there is a great cheat sheet to help.
Social Security benefits are often thought to be something freely given to anyone retiring. However, that isn’t true. To earn these benefits, individuals must put in years of hard work.
When Social Security’s trust funds deplete, the program won't completely run out of finances. However, the pay cut many will receive could be devestating.
It's difficult to remember all the nuances that come with taxes. Unfortunately, this is seen as many individuals often forget their benefits could be taxed as well.
