Questions about Social Security? Join us for an online event and get some answers.

Posted on 04/06/24 by Ted Carey

AARP knows that you work hard and pay into Social Security, so it's only fair for you to expect to get the money you've earned. Social Security is your money - you earned it through a lifetime of hard work. It is essential for helping to cover living expenses and pay your bills.

If politicians don’t take action to protect and save Social Security in the next 10 years, your Social Security could be cut by 20 percent – an average of $4,000 a year.

You are eligible to receive Social Security as early as age 62. However, the longer you wait to start collecting after you become eligible (up until age 70), the larger your annual payments will be.

As you approach retirement age there are a lot of questions and AARP Massachusetts is here to help. If you would like to have a better sense of how Social Security works, we have a webinar just for you:

Social Security: Understanding Your Benefits

Thursday, April 18, 7:00pm

This discussion will focus on the decisions you will be making about when to claim Social Security benefits and what implications those choices may have on your finances. Topics to be addressed include how to estimate what your monthly benefits will be and how to secure them. We’ll also cover the circumstances that may affect the size of those payments, such as your marital status, years in the workforce and when you opt to claim benefits. The goal is to help you build confidence in your ability to make a decision that is right for you!

Register here.

AARP's Social Security Resource Center also has answers to important questions when you are thinking about retirement. These resources include:

• A benefits calculator to help you determine the amount of money you will receive at various ages.

• Answers to common questions to help you understand your Social Security

• A place to take action and tell your elected officials how important Social Security is to you and your family.

You can find the website here.

AARP had been fighting for Social Security for decades. If you’re interested in helping in the fight to protect Social Security, send us an email at ma@aarp.org. Social Security is your money, not a piggy bank for politicians.

 





This story is provided by AARP Massachusetts. Visit the AARP Massachusetts page for more news, events, and programs affecting retirement, health care, and more.

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