For some households, it makes sense for a worker to start reduced retirement benefits early in order to permit other family members to immediately start collecting Social Security benefits on the workerâs earnings record.
Social Security is a key source of financial support, and keeping track of the changes that happen with the program each year is crucial in order to plan your financial future. Keep these facts in mind, and you'll be better prepared to hit the ground running in 2018.
The term Social Security is frequently assumed to refer to the older-age benefits for retirees. Yet there is another important facet to Social Security benefits, and that's Social Security that goes to children, which provides the most vulnerable members of our society important assistance.