Social Security

Social Security: Shoring Up America’s Safety Net

Ever since a legal secretary named Ida May Fuller received the first Social Security retirement check in 1940, Americans have been counting on Social Security to provide much- needed retirement income. For many older Americans, Social Security is their main source of guaranteed retirement income — income that continues throughout their lifetimes and is indexed …

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Social Security Survivor Benefits

Social Security may pay benefits to eligible family members when a person dies, helping to make their financial life easier About 10% of the approximately 62 million Social Security beneficiaries in December 2017 were receiving survivor benefits.1 Who is eligible for benefits? A dependent child may be able to receive survivor benefits based on the …

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Gray Divorce: Dividing Assets Can Impact Retirement

Although most people who marry hope their unions will last forever, about 50% of first marriages in the United States end in divorce.1 Individuals age 50 and older are still less likely to get divorced than those who are younger. Even so, the divorce rate for Americans under age 40 has declined since 1990, while …

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