Social Security and recessions: Study shows how COVID-19 may impact your benefits

Kristin McKenna •
Forbes
Zinkevych

It was already projected that Social Security would begin to tap its trust fund to pay for benefits starting in 2020. That was before the coronavirus. How will a recession impact the funding of future Social Security benefits? The COVID-19 pandemic has affected every aspect of our daily life, and the Social Security trust fund

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Seven signs you’re at risk for identity theft

David Weliver •
Money Under 30
Online Shopping concept: young men holding credit card, using laptop on wooden backdrop

You can trust the integrity of our balanced, independent financial advice. We may, however, receive compensation from the issuers of some products mentioned in this article. Opinions are the author’s alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. I know what you’re thinking: “I’m young, I’m web-savvy,

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Why couples must plan for Social Security as a couple

CFP®, WEALTH MANAGER, Evan T. Beach, Campbell Wealth Management, and Awma® •
Kiplinger
smiling middle aged couple looking at laptop at home

I have sat with clients on countless occasions where one or both spouses have told me defiantly, “I am taking Social Security at 62 because [fill in the blank].” Common rationales include: “The system is going broke.” “I’m going to be dead by 75.” “I need the money.” But in most cases a more accurate

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