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Some Retirees Won’t Get Great Social Security Benefits- Here’s 7 Reasons Why

June 22, 2022 · Personal Finance
Claiming Social Security early
Photo by larry1235 from Shutterstock

Are you aware of how Social Security works? 

We all know how important social security is. And for most of us, that is basically the golden ticket before retirement. With this inflation going on, we must be prepared for anything, even if it’s hard.

Especially when you expect it to be easy when you won’t have a 9 to 5 daily job anymore. It will be hard from many points of view, and because of that, it will require a bit of effort from your side.

Did you know that there are some retirees that can not benefit from Social Security? Keep on reading to find out more about this subject and ensure that you do not lose your Social Security benefits.

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10 comments on “Some Retirees Won’t Get Great Social Security Benefits- Here’s 7 Reasons Why”

  1. Kenneth Wolkon says:
    September 24, 2022 at 8:43 pm

    You neglect to mention those affected by the GPO and WEP issues that reduce or, in some cases, remove the Social Security benefits that should be paid.

    Reply
  2. Tamia says:
    October 2, 2022 at 7:04 pm

    Don’t forget the people who earned their 40 credits, but also worked under a state retirement plan. I get my state retirement, but no social security. Not even using my husband’s social security amount.

    Reply
  3. Phyllis Brooks says:
    November 4, 2022 at 4:01 pm

    Agree with Tamia. I get a federaal retirement. My husband retired from the Navy after 43 years after which he worked in the private sector for over 20 yrs. I can not get anything from Social Security based on his history.

    Reply
  4. Donald Swanson says:
    January 25, 2023 at 2:53 pm

    Losing social security is a risk for all Americans. we reached budget limit. Yellen announced accounting trick to delay default until June. Yesterday she announced not reinvesting in govt retirement bonds. no plan on repayment, so this eliminates another year of social security. Medicare payments being delayed. Tell yellen and congress don’t use my social security to pay your bills. Cut military expenses. Stop developing new weapons that US can use to start more wars.

    Reply
  5. Emmanuel Brantley says:
    January 25, 2023 at 8:11 pm

    If my wife don’t have enough credits can she use some of mine to bring her up to the amount
    she need?

    Reply
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