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3 Changes to Social Security You Probably Didn t Know About
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3 Changes to Social Security You Probably Didn t Know About
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3 Changes to Social Security You Probably Didn t Know About
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May 3, 2021 6:16 AM newsfeedback@fool.com (Christy Bieber)
Posted:
Updated:
May 3, 2021 12:54 PM
Social Security was established way back in 1935 to provide a safety net for seniors. While it has kept millions of retirees out of poverty and still serves as a financial lifeline, the program has undergone some important changes and not all of them are good ones. In fact, here are three changes you may not know about that have had an adverse impact on the value of your benefits.
These are changes you need to be aware of whether you’re a current or a future retiree. By paying attention, you can adjust your budget or ensure you save more to supplement your Social Security checks.