Image: Airpix via Flickr Creative Commons, https://flic.kr/p/SomcHo When 52% of older workers are pushed out of their jobs, working longer is not a viable choice. The stark truth is that a significant share of older workers -- age 55-64 -- are not anywhere near being on track to afford retirement. The median retirement account balance …
2019 Social Security benefits will rise, but checks may not
As a result of inflation, people on fixed incomes find that their incomes decline in value over time. One extremely important feature of Social Security is that its benefits are adjusted every year automatically to offset increases in inflation so that the modest, but vital, benefits do not erode over time. It is important to …
Continue reading 2019 Social Security benefits will rise, but checks may not
Social Security: An Economic Engine That Benefits Everyone
Citizens at a rally to expand Social Security benefits for all Americans. Mention Social Security and most people immediately think of the monthly checks received by the program’s 62 million beneficiaries. Each day we see and hear how retirement, disability and survivor benefits keep people afloat and prevent them from falling into poverty. (Nearly half …
Continue reading Social Security: An Economic Engine That Benefits Everyone
Social Security Works - Washington 