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The Effect of the Pandemic on Social Security

The COVID-19 pandemic has shut down the American economy and cast millions of workers into unemployment, shuttered entire businesses which previously prospered, and changed many aspects of our lives in so many ways. But while the current economic impact and personal discomfort are bad enough, what lies ahead for Social Security in the wake of the pandemic may be rough waters. In this Motley Fool article, Sean Williams provides his assessment of how the Social Security program will suffer the lingering affects of COVID-19, and potentially mean smaller future benefits for many Americans. Click here to read more.

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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