4 Things Social Security Retirees Need to Know Now About a Possible Second Stimulus Check
Many Social Security retirees live on a fixed income and are struggling right now because their investments may have taken a coronavirus-related hit. Still others could find themselves with a financial shortfall in the future as COVID-19 has made an annual Social Security raise less likely and may accelerate the time when a benefits cut becomes necessary because the Social Security trust fund runs out of money.
For retirees troubled by this news, now is an opportune time to shore up your finances -- and a second coronavirus stimulus check could help make that possible.
While it's not a certainty that lawmakers will provide more COVID-19 money, the prospects for another check are good, and some action could happen as soon as this week. If you're a retiree receiving Social Security, here's what you need to know about how the decisions made in Washington could affect your finances.
Source Fool.com
