Many Uncertain About Social Security - Yahoo! News
It probably isn’t a big surprise, but many Americans don’t feel they are well-educated about how Social Security works, and especially how their own benefits will be determined. Surveys show that the group most concerned about Social Security education is the one which includes those approaching retirement age, but even many younger Americans are in the dark about the retirement program they will almost certainly depend on some day. Social Security is, indeed, a complex program, but the average person should know at least the most fundamental elements of how the program works to understand how to optimize their benefits. To that end, this Yahoo! News article by Yaёl Bizouati-Kennedy explains Social Security’s basic rules – for retirement benefits, spousal benefits and survivor benefits – but also tackles some of the more esoteric parts such as ex-spouse benefits and minor child benefits. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…