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The 3 most reviled Social Security rules
Few would argue that Social Security isn’t America’s most important entitlement program (you paid into it, thus you’re entitled to it). And although the program is astonishingly complex with over 2700 different rules and regulations, there are 3 rules reviled by nearly everyone - taxing Social Security benefits, the way Cost of Living Adjustments (COLAs) are computed and the rule that withholds benefits from those exceeding the earnings limit (if collecting benefits before one’s full retirement age). But, though these particular rules are perhaps equally despised by everyone affected by them, in today’s vitriolic political environment there’s little chance that they will be eliminated or even changed. In this Motley Fool article, columnist Sean Williams discusses these three Social Security rules and how, despite their unpopularity, you shouldn’t expect them to be changed. Click here to read more.
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