Introduction: Reductions to Social Security Benefits | | |
Social Security was originally intended—and still serves today—to keep retired workers and their families out of poverty. Social Security benefits, private savings and investments, and employer pension programs are the three sources of income for retired (and disabled) workers, survivors, and their families.
Some individuals may experience reductions to their Social Security benefits, based on who they work(ed) for and whether their employer withheld Social Security taxes.
Additionally, individuals who work while receiving Social Security benefits may have their benefits reduced, depending on their age and their earnings.
Click the Next arrow to continue. | | |
|