3 Things Seniors Need to Know About Social Security During COVID-19
The coronavirus pandemic has affected millions of Americans, not only from a health perspective, but financially, as well. More than 90% of U.S. adults are worried about COVID-19's impact on the economy, according to research from SurveyMonkey, and approximately 30 million Americans have filed for unemployment benefits since mid-March.
While nearly everyone is at risk of being affected by the coronavirus pandemic in some way, retirees may be particularly vulnerable financially. If you've watched your savings take a hit over the last few months, that could lead you to depend more on Social Security benefits in retirement. That means it's extra important to understand how COVID-19 could affect your monthly checks. Here are three things you need to know about Social Security in the age of the coronavirus.
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Source Fool.com