Preserving and strengthening Social Security for Washington State
From the Alliance for Retired Americans: Social Security benefits are based on a worker’s earnings; the more a worker makes, the higher the benefit amount will be. Because some workers are in low paying jobs and have little income to save for retirement, Social Security uses a benefit formula that replaces a greater fraction of …
Continue reading How is Social Security so effective at preventing poverty?
From the Alliance for Retired Americans: Social Security provides vital life and disability insurance protection for millions of citizens, especially children and their families. About 6 million children under age 18, or nearly 9% of all children in the United States, benefit from Social Security as dependents of workers who have died or become disabled …
Continue reading Why Social Security is important to children
From MarketWatch | By Jeff Reeves ROCKVILLE, Md. — Staring at my wife’s annual tax documents this weekend, I couldn’t help getting fired up over what she paid into Social Security last year. When I pointed out the money sunk into the entitlement program — a 6.2% haircut on her modest salary — she simply …
Social Security Works - Washington 