Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Join AARP in the fight to keep Social Security strong


For more than 50 years, AARP has been fighting to protect and strengthen Social Security. Now, we're launching a conversation about how to strengthen it so future generations will receive the benefits they've earned when they're ready to retire. With shrinking pensions, dwindling savings and longer life expectancies, we know that future generations will depend on Social Security even more.


Social Security: More Than You Might Think


Many people do not realize how valuable Social Security is to them. On average, an individual would have to save an additional $300,000 while working to replace the benefits Social Security provides in retirement.

Independent investments, pensions, individual retirement accounts and 401(k) accounts are all important parts of retirement savings, but Social Security is the guaranteed base of retirement security for most Americans. In fact, couples on average can expect about $22,000 per year in Social Security benefits.

Social Security is the most successful program in our nation's history, and we need to make the modest changes necessary to strengthen the guaranteed benefit for both current and future generations

To keep informed about the fight to keep Social Security strong, click here

Senate rejects Social Security bonus payment - Yahoo! Finance

Senate rejects Obama proposal for $250 Social Security bonus payments"
Senate rejects Social Security bonus payment - Yahoo! Finance:

President Obama asked Congress to approve the $250 Social Security payments to compensate for their benefits not increasing this year but the Senate rejected the increase by a vote of 50 to 47.  This proposal would have given 57 million elderly people, veterans and persons with disabilities a $250 check.  The powerful senior's lobby and millions of Americans view this rejection as a major setback. 

Are you a senior? If so, what are your thoughts?

What you need to know about Social Security - 5 things to get the biggest check possible

Click here to access the full story in the Kiplinger Newsletter