The future of Social Security is a hot topic that has many politicians in Washington debating on what to do. But, to understand the predicament, we must understand how Social Security is managed and financed.
There are many misconceptions about Social Security. However, there are four that stand out.
The 2022 COLA, although the largest seen in years, is not enough. We must help senior citizens achieve more financial security.
There are many problems with Social Security. However, one of the most harmful is the decrease in spending power senior citizens have seen over the past two decades, and it's not expected to improve in 2022.
2022 will bring about three bigger changes to Social Security, but will these changes be enough to help senior citizens?
