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Tuesday, April 8, 2014


10 things you should know about Social Security


Every week the government takes money out of your paycheck, with plans to return it to you when you're retired. If that's all you know about Social Security, read on.
Know your Social Security
For many Americans, Social Security benefits are the bedrock of retirement income. Yet future retirees could find themselves on shaky ground. The Social Security Board of Trustees, in its latest annual report, estimated that the retirement program would only be able to pay out 77 percent of scheduled benefits starting in 2033.
You can't control how the government might fix that problem. But you can educate yourself about Social Security to ensure that you claim the maximum amount of benefits to which you are entitled. Here are ten essentials you need to know.
Video: Why Social Security won't get you through retirementSocial Security cards © Nick M. Do/Getty Images

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