Will Social Security run out of money? Yes — the Congressional Budget Office now projects the Social Security trust fund will be depleted by 2032, one year sooner than previously estimated. Without Congressional action, this would trigger an automatic 24% cut to all beneficiaries’ monthly checks. Here’s what that means for your retirement and what…
Can your Social Security benefits be garnished? Yes — but only by a small group of powerful creditors. While federal law protects your Social Security from most private creditors, social security garnishment by the IRS, SSA, or federal student loan agencies is permitted. This guide explains exactly who can take your benefits and how to…
The Most Common Social Security Mistakes and How to Avoid Them. Are you at risk of losing over $182,000 in lifetime benefits? This guide breaks down the four biggest traps, from claiming early to the confusing earnings test, so you can maximize your retirement income. Deciding when and how to claim Social Security is…
