the government shutdown affects Social Security, Medicare
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It can be a big shock to see a bill for $14,000, especially when you're a young adult just starting to get your financial life in order. The first step is to take a deep breath — you haven't done anything wrong, and this can be fixed. Here's how:
When a Social Security statement shows incorrect income, it can cause confusion and concern about how benefits may be affected. One woman recently posted on Reddit's r/SocialSecurity forum: "My husband pulled his Social Security statement yesterday, and it ...
Many people have no clue what their Social Security benefits will actually be when they've clocked out of work for the last time — and that's a problem. While these benefits might replace only 40% of your pre-retirement income, for many Americans, they ...
The majority of Americans depend heavily on Social Security in retirement. Knowing your benefit amount is the first step toward planning a comfortable retirement. Your age can also affect your payments by hundreds of dollars per month. One of the most ...
While the SSA hasn’t publicly confirmed how many beneficiaries are affected, records obtained via a Freedom of Information Act request show the agency attempted to reclaim overpayments from about 2 million people in the fiscal year ending September 2023, according to KFF and Cox Media Group.
More than 70 million Americans rely on Social Security benefits and are vulnerable to scams threatening their monthly payments.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Taking Social Security at 62 can make sense now, given the uncertainty surrounding major items, longevity, and ...