Your 2017 Social Security Benefit Guide
Created during the Great Depression as a retirement safety net, Social Security now covers an estimated 96% of Americans. These days, a record high of about 167 million people are working and paying into the system that provides benefits for over 60 million people.
Social Security is such an extensive program that it can be complicated and confusing to navigate at times. Many people do not have a clear understanding of how it works, even though it plays such a significant role in their retirement. The majority of retirees receive more than half their income from Social Security, so no matter what else you have saved, it will more than likely make up a considerable portion of your retirement income. Clearly, it is important to make wise choices regarding Social Security.
When you choose to take your benefits and how you coordinate with your spouse are two of the most important social security decisions you will make. This guide is intended to answer some of the most common questions regarding Social Security and filing for benefits. Learn more here.