Another Way to Help You Secure Today and Tomorrow

Social Security is with you through life’s journey. May is National Older American Awareness Month and we want to talk about one of the stages of our long journey together. Continue reading

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2017 Brings New Changes to Full Retirement Age

3 elderly people siting on a stoopEvery worker’s dream is to enjoy a secure retirement. Social Security is here to secure today and tomorrow. Part of that commitment is ensuring you have the most up-to-date information when you make your retirement decisions.

As the bells ring in the New Year, they also bring changes for new Social Security retirement beneficiaries. Full retirement age is 66 and two months for people born 01/02/1955 through 01/01/1956.  They are eligible to receive permanently reduced retirement benefits when they turn 62 in 2017. Continue reading

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Learn the Signs, Help Prevent Elder Abuse

WEADDFor more than 80 years, Social Security has helped secure today and tomorrow with financial benefits, information, and tools that provide a safety net throughout life’s journey.

June 15 is World Elder Abuse Awareness Day, a day that reminds us how important it is to protect seniors in our communities. Continue reading

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It’s Easy to Get Extra Help with Your Prescription Costs

a photo of an open medicine bottle, with a prescription form underneathIn times like these, every dollar counts. Some people qualify for big savings on their Medicare prescription drug costs and don’t even realize it! In fact, if you receive Medicare, you may be eligible for the Extra Help, which could save you about $4,000 per year on your monthly premiums, annual deductibles, and prescription co-payments.

To qualify for Extra Help, you must Continue reading

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Private Retirement Benefits and Social Security Working Together

On August 14, 1935, President Franklin Roosevelt said, “We can never insure 100 percent of the population against 100 percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-stricken old age.

Nearly 81 years later, Social Security provides the foundation for retiring Americans that President Roosevelt imagined when he signed the program into law. The latest figures report that nearly 59 million Americans were receiving retirement, disability or survivors’ benefits from Social Security. Each year, nearly 15 million elderly Americans are lifted out of poverty by Social Security, proving that the program is indeed a crucial part of a secure retirement.

While Social Security provides a strong foundation for workers, the private retirement system also plays a key role in Continue reading

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Social Security: The Foundation of Economic Security

When President Franklin D. Roosevelt established Social Security in 1935, he saw the program as a fundamental way to advance economic fairness and social justice. Social Security has grown and improved to fulfill FDR’s vision, and we have just completed a year celebrating the 80th anniversary of this important program.

Today, Social Security’s insurance protection is the foundation of retirement security for almost all American workers and families. The average Social Security benefit is modest – about $1,340 a month – yet this benefit is the main income for most seniors. For two in three seniors who receive it, Social Security is more than half of their total income. Continue reading

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