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Misunderstood Facts about Social Security

(By – Nathan Blank, rapacki.com)

Throughout 2014, the government will pay almost $863 billion of Social Security benefits to over 59 million Americans. According to the Social Security website (SSA.gov), “Among elderly beneficiaries, 52% of married couples and 74% of unmarried persons receive 50% or more of their income from Social Security.” Social Security benefits can provide a substantial amount of your retirement funds. However, many individuals struggle to grasp the basic details about this program. Some of the most commonly misconstrued facts are listed below. Read more…

 

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