Don't Want Your Social Security Benefits Cut? Then Don't Do This.
Filing at the right time could put more money in your pocket.
Overview
If you've been reading about Social Security in the news, you may be aware that the program's finances aren't in such great shape. In fact, Social Security faces a 22% benefit cut if Congress doesn't implement changes to prevent it.
Of course, staving off Social Security cuts is easier said than done. The solutions to prevent Social Security cuts run the gamut from raising the program's full retirement age to increasing payroll taxes. As such, it's easy to see why lawmakers haven't made any firm plans to shore up the program's finances.
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Details
Source
Originally published at www.fool.com.
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