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Social Security Benefits Are Expected to Increase by This Much in 2018


Social Security Benefits Are Expected to Increase by This Much in 2018

Social Security plays a critical role in providing a financial safety net for retired workers. An analysis by the Center on Budget and Policy Priorities found that without Social Security, poverty rates among the elderly would increase from 8.8% to 40.5%. Plus, roughly three out of five retired workers count on their Social Security check to provide at least half their income.

Image source: Getty Images.

But there are a number of issues with this critical social program, and they extend beyond just what you hear in the news.

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Source: Fool.com


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