The Social Security program will probably go through some serious changes over the next decade, and it could have major impacts on retirement planning. It's important to understand how your Social Security benefits might change, and what that means for your retirement account. There are important steps that everyone can take so that they don't even have to worry about the status of federal retirement benefits.

First, don't panic, thinking that Social Security is going to run out of money and disappear. Government officials and lawmakers are aware of the program's pending shortfalls, so I'm confident that they'll have the time and ability to make adjustments.

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Source Fool.com