Working and Collecting Social Security? Big Changes May Be on the Way in 2021 | #CornerInsure #Retirement #WorkForce #SocialSecurity | See how your income could be affected in the upcoming year. For our nation’s retired workforce, no social program is more important than Social Security (Sean Williams) https://wp.me/p9M2KJ-oH
Each month, nearly 65 million people collect a payout, including more than 46 million retired workers. Without this guaranteed monthly benefit, the elderly poverty rate would be close to 40%, according to an analysis from the Center on Budget and Policy Priorities (it’s under 9% with Social Security payouts).
But you might be surprised to learn that not all workers collecting a retirement benefit are actually retired.