1. Social Security Benefits Might Get Cut Early — What Does It Mean for You? - NewsBreak

    Social Security Benefits Might Get Cut Early — What Does It Mean for You? - NewsBreak

    Last week’s news that Social Security benefits could be slashed sooner than expected set off alarm bells for Americans whose retirement plans have already been disrupted by COVID-19 . But financial experts say it’s not time to panic. See: Congress Reintroduces Bill to Keep Social Security Recipients Out of Poverty Find: 17 Tips to Live Comfortably off Just a Social Security Check A report from Social Security and Medicare trustees said benefits will have to be cut by 2034 — a year earlier than previously projected — if Congress doesn’t address the program’s long-term funding shortfall. If Congress does ...

    Read Full Article
  1. Beacon Promotional Product Web Store

     

    Click on the picture to go to our web store and find out special of the day.  You can also contact us with any questions.  Email us at:  Sales@Beacon-SM.com

     

  2. BLN Newsletter Supporters:

     

     

    Consulting and Outsourcing, Business development for our clients.

    Beacon now also offers thousands of Promotional Products with your logo.

    We provide our clients with qualified leads.

     

  3. Robert Williams Leading CPA in OC, CA.

  4. Independent Insurance

    health, Life, Medicare, Long Term Care, Disability & Retirement Planning

  5. Quotes

    1. While a 25% reduction in benefits could significantly hurt the retirement plans of those who are relying on their Social Security benefits, it is far less damaging then the program being shut down entirely.
    2. There are changes that can be made to put the program on solid footing.
    3. The key thing to remember here is that Social Security is not necessarily going bankrupt.
  6. Topics Mentioned

  7. Categories

    1. Balanced Living:

      BLN Blogs, Financial, Good News, Lighter Side of Life, Mental, Physical, Social, Spiritual
    2. Communities:

      Bike, Business, High Tech