DISGRACEFUL: 50% Of Americans At Risk for Lower Benefit Payments
About 50% of Americans are at risk for smaller Social Security benefit payments.
About 50% of Americans are at risk for smaller Social Security benefit payments.
Beneficiaries should know how to get proof of their benefit payments.
Whenever an individual claims Social Security early, they are subjected to lower benefit payments. Luckily, there are things that can be done to increase benefit payments again.
If nothing is done to secure the future of the Social Security program, beneficiaries are looking at lower payments.
Full retirement age, or FRA, dictates when an individual is entitled to the entirety of their benefit payments. Thankfully, this age will be steady from here on.