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What is the future of Social Security

Board of Trustees Annual Report  By Kirk Larson, Social Security Washington Public Affairs Specialist Recently, the Social Security Board of Trustees released its annual report to Congress presenting the financial status of the Social Security trust funds for the short term and over the next 75 years. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance …

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Q & A with SSA – Some common questions about benefits and programs

By Kirk Larson, Social Security Washington Public Affairs Specialist   What happens if I work and get Social Security retirement benefits? You can get Social Security retirement benefits and work at the same time. However, if you are younger than full retirement age and make more than the yearly earnings limit, we will reduce your benefit. Starting with the month you …

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Count on Social Security Survivor Benefits To Protect Your Family

By Kirk Larson, Social Security Washington Public Affairs Specialist   Tragedy strikes without warning.  According to the U.S. Centers for Disease Control and Prevention, over 2.7 million people will die in the U.S. this year.  For families who lose a wage earner, it can have a devastating financial impact in addition to the emotional one. If you work, some of the …

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EX-SPOUSE BENEFITS, TAXES, AND YOU

By Kirk Larson, Social Security Washington Public Affairs Specialist Mid-April features both Ex-Spouse Day and Tax day. These two observances are extra important if you are an ex-spouse, because Social Security pays benefits to eligible former spouses. In addition, you may need to claim this income on your tax forms. If you are age 62, unmarried, and divorced from someone entitled …

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