Earlier this year, retirees on Social Security saw one of the largest COLA increases they’ve seen in years – since the 1980s to be exact. Unfortunately, the Social Security COLA is expected to be zero for the next few years. If you’ve been receiving Social Security for a while, you know that your benefits are […]
As Baby Boomers are getting closer and closer to retirement, they have many questions about Social Security retirement benefits, such as… Will Social Security be there for me when it’s my time to retire? We’ve heard for years that Social Security is going broke. Millions of Americans rely on Social Security to fund all or […]
What is Social Security? Social security programs first appeared in Europe in response to families moving from farming to working for others as the world became industrialized. Germany established the first social security program way back in 1889. In the United States, the Great Depression triggered an economic crisis that caused millions of seniors to […]
Currently, there are several ages to consider when it comes to Social Security retirement benefits.
For years, we’ve heard that Social Security is “going broke” or that it “won’t be enough”. While Social Security is definitely facing some challenges, baby boomers are starting to realize that Social Security benefits will be an important source of retirement income after all. In this blog, we’re going to teach you about the history […]