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The History of Social Security: How Many Times Have Benefits Been Reduced?

(By – Tia M. Lee)

This week is the 2^nd National my Social Security Week and it provides the perfect opportunity to take a historical look at Social Security. Social Security claiming mistakes are often made due to fear the program will dramatically change or benefits will be significantly reduced or eliminated.  This fear is particularly common among those nearing retirement. While there are no guarantees about future governmental decisions, reviewing the historical changes to benefits may put those fears into perspective. Read more…

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