How COVID-19 Could Affect Your Future Social Security Benefits
The coronavirus pandemic has affected nearly every aspect of society, and there's no telling just how long it will be before life goes back to normal. It's also had a significant impact on older workers' retirement plans, and many soon-to-be retirees have watched their savings tank over the last couple of months.
The good news is that, at least for now, Social Security benefits are not affected by the fallout from COVID-19. So if you're already collecting benefits or plan to claim them within the next few years, your monthly checks likely won't change. However, there is a chance future Social Security recipients could see their benefits reduced as a result of the COVID-19 pandemic.
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Source Fool.com
